If you didn't know much about someone, would you lend them a whole lot of money? Probably not—and banks are the same way. That's why people with no credit history often have trouble getting loans.

Gen Z-ers overwhelmingly view credit as key to their financial futures — but actually getting their hands on it is proving to be a generational hurdle. In a new TransUnion survey, 98% of Gen Z ...

Credit-card debt is soaring, interest rates on balances have moved into the 30% range on many cards, and delinquencies and bankruptcies are rising. The statistics are grim as consumers fight to keep ...

Credit card debt is soaring, interest rates on balances have moved into the 30% range on many cards, and delinquencies and bankruptcies are rising. The statistics are grim as consumers fight to keep ...

Some developing country governments spend years making the reforms that international financial institutions want—only to find that their efforts are not rewarded. They may make budgets more ...

Credit unions present themselves as the "good guys," non-profit member-run organizations incapable of engaging in predatory financial services. While this is true for many, my research has uncovered ...

For much of the past year, we've been hearing from high-level bankers (like JPMorgan's Jamie Dimon and his famous “cockroaches” comment) to hundreds of writers and journalists about challenges and ...

Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Penny ...

Half of Gen Z-ers say they don't have enough access to the credit they need to reach their financial goals Gen Z-ers know credit is key to reaching their financial goals - but about half of them say ...