Credit card companies can change their fees based on inflation.

Credit Counselors can work with banks to bring down interest rates in order to get debt paid off.

Americans have a $860 billion credit card balance, according to the Federal Reserve Bank of New York.

Credit reporting firms say they are making changes to the way they account for medical debt. That could help improve some people’s credit scores.

“Marketplace Tech” is exploring the credit score system and its algorithm. And we want to hear from you!

But don’t credit cards already work this way? Not quite.

Credit-card changes are driven by security concerns, and it turns out that signature swipe has its own swath of problems.

The Federal Reserve said total consumer credit rose by 10% in May. And lenders issued roughly 6 million new credit cards in March, according to Equifax.

Outstanding credit card balances have been down, but people may start racking up the debt again.

Banks are already stepping up marketing campaigns to try to get more consumers to use their services.