It’s hardly news that the American consumer is in a bad way with debt. Numbers out of the New York Fed show that total U.S. consumer debt was nearly $8 trillion in the third quarter of 2024, a record ...

Paul Soucy has led the Credit Cards content team at NerdWallet since 2015 and the Travel Rewards team since 2023; he is also director of content for Consumer Credit verticals. He was an editor with ...

Holding multiple credit cards won’t necessarily help improve your credit score more quickly in the short-term, compared to having a single card. Opening additional cards can help you overall by ...

Secured credit cards usually need a cash deposit to establish your line of credit. The credit limit on a secured card typically matches the deposit amount. Secured credit cards help build credit and ...

Secured credit cards and unsecured credit cards feature many similar benefits. Both types of credit cards have the potential to help you establish a credit history and build your credit score. They ...

(InvestigateTV) — Around 14% of Americans say a roadblock for them when trying to improve their credit is not being able to get approved for a credit card, according to a recent NerdWallet study. Sara ...

For people just starting out, student credit cards and secured credit cards might be the best options since both types have less stringent requirements for approval. Student credit cards are designed ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

The Chime® Credit Builder Secured Credit Card is no longer available to new applicants If you have a low credit score, you know how frustrating the road to rebuilding your credit can be. You need a ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...