Credit cards and debit cards look almost exactly alike but are actually quite different. Money you spend or withdraw using a debit card comes straight out of your bank account – you’re spending your ...

Sometime around 2007, Marc Fusaro, then a professor at East Carolina University, sat in a friend’s kitchen and explained that he was researching the methods people use to rein in their credit-card ...

The average credit card interest rate currently hovers above 20%, which means a credit card balance can grow quickly from month to month. If you're paying off high-interest credit card debt, you may ...

Debit cards pull funds directly from your bank account when making purchases or withdrawing cash. Setting up a PIN and monitoring account balances via mobile apps helps avoid overspending and fees.