Author: Susan Tompor, Detroit Free Press

Average credit card balances for consumers dropped about 10.5% to $5,075 in July through September, according to the latest data from TransUnion.

Did you just get a second chance to refinance in 2020? The 30-year mortgage just fell to another record low, hitting 2.78%, according to Freddie Mac.

Investors warned to prepare for volatile days for their 401(k) plans as the presidential election battle continues.

Roughly 7.1 million homes — or 5.4% of U.S. households — do not have checking or savings accounts, says a survey released Monday by bank regulators.

President Donald Trump keeps bringing up what he calls a $750 filing fee for his federal income tax returns. What’s that all about?

About 4.2 million drivers leased vehicles in 2017, according to Edmunds, and most of those leases expire in 2020. Is there a way to unlock some cash?

As a second round of stimulus is debated, the IRS continues to work to get stimulus money to the hard to reach, including homeless people who qualify.

Subprime borrowers face new hurdles as the concerns about the economy build. Having a bigger down payment can save more money down the road.

Student loan borrowers are warned to check credit reports to see if they’re being dinged for lack of payments. Complex rules have consumers confused.