The latest data showing credit card balances at $6,500 with rising utilization rates reflects a broader struggle many Americans face in today's economic environment. While carrying this level of debt ...

One big problem with credit cards is if you keep using them for purchases, you may never pay off your debt. Personal loans, on the other hand, come with a fixed interest rate, a fixed monthly payment ...

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 ...

Recent data from Experian shows how credit card debt varies across generations. Generation-Z carries an average balance of $3 ...

Juggling multiple debts can be stressful, but by using these strategies, you can regain control of your finances.

A fairly common starting minimum payment for a $5,000 charge is $100 (2%). If you pay $100 a month and don't add to your ...

Perhaps the most damaging misstep, though, is simply delaying action. Interest compounds quickly on revolving debt, ...

Making the minimum payment on your credit card is technically OK. You've paid on time and avoided a late fee, which is good ...

Financial educators bust three common myths about credit card debt — and explain why these negative assumptions can hold us ...

Whenever we discuss the benefits of using credit cards, we typically caveat it with the most important rule: pay your credit ...