(Stacker) - Monthly credit card statements are causing consumers ongoing stress and concern. After years of high inflation and rising interest rates, consumers are having trouble keeping up with their credit card bills. According to industry data compiled ...

Understanding the "Rule of 72" can help consumers see how quickly credit card debt can grow due to compound interest. The Rule of 72 is a simple formula to estimate how long it takes for debt to double. By dividing 72 by the interest rate, you can ...

Wayne Pommen, Chief Revenue Officer at Affirm, recently highlighted this "invisible headwind": the staggering cost of credit card interest.