Your statement balance reflects your purchases and payments from the last billing cycle, while your current balance is the amount you owe at any given moment. Read more.

Paying off your credit cards or lowering your balance will decrease your credit utilization rate, which could help your credit score increase. Read more.

Remember that interest is an added cost of using your credit card. Interest is also not tax-deductible. So, read on and learn how to lower your credit card interest rate and save money. Read more.

Even if you already understand how interest charges work, you may not realize that credit cards calculate interest charges differently than other kinds of loans. While all of the details of credit card interest charges can seem complex, this article is meant to help you understand enough to make good decisions. Read more.

Some types of interest are tax deductible, but is credit card interest tax deductible? Learn more about credit card interest and how it relates to taxes. Read more.

Credit card debt can be caused by a number of factors. If you’re in this situation, you may be able to learn how to negotiate credit card debt. Read on to learn more about the process and determine if it’s right for you. Read more.

When are you supposed to pay your credit card? Is it the end of the billing cycle, when you get your statement or a different date? Read this article to ensure you pay on time to protect your credit. Read more.

A negative balance on your credit card means that the credit card issuer owes you money. This may apply if you made returns, overpaid, or had fees canceled. Read on to learn your options. Read more.