When you fall behind on your credit card payments, the consequences can snowball a lot faster than you may expect. For example, what might start as a missed payment due date or two can quickly lead to ...

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

For the 10th consecutive quarter, charge-offs for credit cards at JPMorgan Chase (NYSE: JPM) rose, indicating that increasing numbers of people are struggling to keep up with their growing debt. In ...

U.S. credit card metrics were mixed in July, with delinquencies rising and net charge-offs falling. The average delinquency rate advanced to 2.66% in July from 2.63% in June, but slid from 2.87% a ...

U.S. credit card delinquencies continued to creep up in July, while the proportion of loans that lenders are writing off as losses declined, according to a compilation of data from company disclosures ...

JPMorgan Chase charged off $1.8 billion in card loans in the second quarter. Charge-offs on credit card loans have risen the past two years. CFO Jeremy Barnum calls it a "normalization, not ...