Fannie Mae has issued a slew of updates, clarifications, and extensions affecting its Selling Guide. Announcement SEL-2015-06 includes the following changes. The most notable change concerns the way ...

SHREVEPORT, La. (KSLA) - Colin Evans, a finance expert from Evans Financial, sat down with KSLA to discuss how revolving debt and non-revolving debt are two types of consumer debt, and how the two ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

The points, miles and perks that have come to define the modern credit card marketing playbook are being replaced by cashback rewards and lower fee cards as cardholder financial health1 grows ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Managing Editor, Global Data and Automation for ...

The Fed breaks consumer credit into two main categories: revolving credit, such as credit cards, and non-revolving credit like auto loans, student loans and personal loans. July's surge was driven ...

Credit card balances are climbing at a pace that is starting to look less like a blip and more like a structural shift in how ...

If you've ever borrowed money, you've had debt. Whether it's the money you paid a friend when they spotted the lunch tab or the student loans you owe to the government, that's debt. Debt is all around ...

Borrowing money is necessary during various stages of our lives. We need capital to start a business or expand. We need a large sum of cash to buy a car or replace a large appliance. And we gladly go ...

Zenabis Global Inc. said Friday it has entered a revolving credit agreement with a Canadian private debt fund for up to C$60 million ($47 million) that it will use to refinance more expensive debt ...

Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...