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This illustration picture shows debit and credit cards arranged on a desk on April 6, 2020 in Arlington, Va. Americans are using their credit cards more to pay for everyday expenses at a time when interest rates are rising.

Americans are piling up credit card debt — and it could prove very costly

More Americans are leaning on their credit cards to cope with rising prices. And as interest rates continue to climb, that debt is getting more and more expensive.

Kevin Evans relaxes in his small apartment after arriving home from work. Evans, who lost income and his home in the recession, is now having his wages garnished after falling behind on his credit card payments.

Millions Of Americans' Wages Seized Over Credit Card And Medical Debt

One in 10 working Americans between the ages of 35 and 44 is getting his or her pay docked for not paying debts. And in most states, the law allows a quarter of wages to be withheld.

The U.K., Canada and other countries have been using more secure chip credit cards for years now. Why hasn't the U.S. caught up?

Outdated Magnetic Strips: How U.S. Credit Card Security Lags

Thieves responsible for Target's massive data breach may have stolen information stored on magnetic strips on credit cards. Canada, the U.K. and other countries have been using more secure cards with microchips for years.

A change in fortune: In just two years, Americans have gone from near record savings and plunging debt, to near record-low savings and sky rocketing credit card debt. What happened?

Credit Card Nation: How we went from record savings to record debt in just two years

U.S. consumers had the highest savings rate on record in 2020 and credit card debt was plummeting. Now our savings is gone and debt is surging. What happened?

Some credit card companies may be devaluing rewards illegally, CFPB says

The Consumer Financial Protection Bureau said some credit card companies may be devaluing points and airline miles illegally. NPR's Sarah McCammon talks to Nick Ewen of The Points Guy.

For Sex Industry, Bitcoin Steps In Where Credit Cards Fear To Tread

Trying to crack down on sex trafficking, authorities have been going after online ads for adult services. Some in this industry have found a workaround to stay under the radar: cyber currency.

Kmart says it has removed malware that had infected its checkout registers in stores. The company believes the malware may have been in place for about a month before it was detected.

Kmart Says Its Store Registers Were Hacked, Exposing Credit Cards

The Sears-owned company says it removed the malware after it was discovered Thursday. It announced the exposure late Friday, saying no personal data or PIN numbers were lost.

New Rule Opens Credit Card Companies, Banks To Class-Action Suits

The Consumer Financial Protection Bureau said the new regulation, set to take effect in 60 days, would prevent financial institutions from requiring that disputes be settled by arbitration.

As American consumers swipe and scan their credit cards more often, card debt is climbing back towards its pre-recession peak of $1.02 trillion. (Frankieleon/Flickr)

Banks Bet On Plastic As U.S. Credit Card Debt Nears $1 Trillion

As consumers swipe more often, card debt is climbing back towards its pre-recession peak of $1.02 trillion.

What Trump's proposal for a 10% cap on credit card interest could mean for consumers

President Trump is calling for a one-year cap on credit card interest rates at 10%.

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