But some are going to extreme lengths in order to provide. Mozo's report found 3 per cent of parents are taking out a loan themselves or using a credit card to give their kids the cash boost. This ...

"We’re seeing some parents delay retirement, dip into savings, or even rely on credit cards and loans to support their children," said Rachel Wastell, Mozo’s personal finance expert.

Loading You don’t provide specifics of your situation, Rachel, but I asked data house Mozo to calculate how ... the longer term implications. Any credit card limits – even if unused, and ...

Mozo's report found 3 per cent of parents are taking out a loan themselves or using a credit card to give their kids the cash boost. This statistic left Wastell "shocked". "If you are a parent who ...

or even taking out high-interest loans and credit cards to fund their children’s deposits. In fact, 3% of parents are now borrowing money themselves to help out—a risky move that could put their own ...

With so many American Express cards, it’s sometimes overwhelming to figure out which one is best for you, but our guide to ...

Metro tried and failed to allow credit-card payments at fare gates a decade ago. Now the technology used in other systems ...

This Bank of America card offers top earnings in six categories. See how it could help you save on your summer vacation and ...

Discover cards are currently not available on CNBC Select and links have been redirected to our credit card marketplace where you can review offers from other issuers like American Express or Chase.

Generation Z is adopting credit cards earlier and using them more aggressively than previous generations. But its use of ...

One golden opportunity is Assemblymember Liz Ortega’s recently introduced bill — AB 1065 — that would prevent credit card ...