News this week that credit card debt balances are on the decline was a positive step in the right direction, both for the country and for individual cardholders. But it's only the first step in a ...

Being saddled with credit card debt is always damaging to your financial health. But in the economic landscape of recent years, it can be even more threatening than usual. With the average credit card ...

One big problem with credit cards is if you keep using them for purchases, you may never pay off your debt. Personal loans, ...

NerdWallet’s annual report shows that household credit card debt growth has slowed, and the gap between wages and cost of living increases has narrowed over the past five years. Still, many Americans ...

Understand common debt repayment strategies you can use to pay off your balances and learn strategies for preventing further debt Many consumers carry higher credit card balances than ever, with ...

Americans' household debt levels, including credit card debt, rose to new all-time highs in the fourth quarter of 2024, according to a report by the Federal Reserve Bank of New York. The report showed ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Things can get even tougher, though, when you're carrying a ...

Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off credit card balances and then paying off the new loan. Consolidating ...

Credit card debt in the United States reached a new nominal record in May, with balances totaling $1.31 trillion. However, when adjusted for inflation, the current total remains below the all-time ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. When credit card bills pile up and ...

Taking on too much credit card debt is all too easy, especially for students with lots of expenses and little income. Here's advice on paying it off.

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...