If you're worried about increasing your balances due to an unrequested credit limit increase, you can call your issuer and request that it revert your limit back to the previous amount. You can also get ahead of these automatic credit limit increases and request your issuer not do so without your consent first.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the credit card industry, including American Express (NYSE:AXP) and its peers.

Some of those surveyed are living on the edge when it comes to credit card payments. According to the Federal Reserve Bank of New York survey, the perceived probability of missing a minimum debt payment over the next three months is 15.3%, which is the highest reading since April 2020.

Revolving credit allows borrowers to have ongoing access to funds in the form of a line of credit, which comes with rules about how much credit is available to the borrower and how they have to structure their repayments. One of the most common forms of ...

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Bread Financial (NYSE:BFH) and its peers.