Tag: credit card

Photo of credit cards

In today’s world, workers need to save if they want to be comfortable in retirement. But there are also limits to what many people can afford. A new study finds that when U.K. workers were automatically enrolled and started contributing to a retirement savings plan, their household debt – credit cards, bank overdrafts, and other…

Women's hands hold many shopping bags

After a good Christmas for retailers, the January regrets about overspending are inevitable.   What’s driving that regret was dramatized in a recent experiment to see if consumers could get control of their credit card balances. It was a flop. This experiment involved U.K. residents applying for credit cards who had selected the automatic payment option,…