Consumer credit card debt hit a record high at the end of 2024, passing $1.2 trillion for the first time in history. The climbing debt figures make sense in the context of the final months of 2024.

Tax refunds are the biggest windfall of the year for many American households. And ’tis the season: Through the week ending Feb. 13, nearly 13 million people had received 2025 federal tax refunds ...

Credit card refunds differ from debit card refunds; instead of putting money back into your account, a credit card refund restores available credit. How quickly a merchant processes the return plays a ...