And sure enough, ballooning consumer debts reflect that spending. A survey by LendingTree after the 2024 holiday season found that 36% of Americans took on credit card debt to pay for it, most of whom ...

There’s no limit to how long you can keep your credit card open. Closing a credit card can decrease the average age of your credit history and increase your credit utilization ratio — both of which ...

A lot of people open their first credit card in their early 20s and then… never really think about it again. Years pass, new cards come and go, but that original account just keeps aging nicely in the ...

Keeping a credit card open for a decade or longer quietly reshapes your credit profile, your day to day money habits, and even the way lenders size you up. The plastic itself may look the same, but ...