Minimum payments barely chip away at your balance and allow interest to pile up. Neglecting ways to reduce your interest, like 0% APR periods, hardship programs or rate negotiations, can be costly.

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. You can get rid of credit card debt ...

There's a specific kind of stress that comes with credit card debt: the kind that creeps in at the checkout counter and then shows up in your mail or inbox when the credit card bills roll in. You tell ...

Americans are carrying more credit card debt than ever before, with the total credit card debt nationwide sitting at a record-high of $1.21 trillion and the average cardholder owing over $7,000 across ...

If you were hoping the Federal Reserve's recent rate cut, its first of 2025, was going to make your credit card debt easier to pay off, the reality is that there are many other, more important, ...

My husband and I, who are retired, have accumulated about $7,000 in credit card debt over the past few years and need some help paying it off. What can you tell us? I’m sorry to hear about your ...

These days, it can feel impossible to stay on top of credit card debt. The cost of living is going up, inflation is on the rise and job growth is slowing. And more Americans are falling behind on ...

When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s ...

Credit card interest rates remain high right now, driven up, in part, by the Federal Reserve's rate hikes that occurred in 2022 and 2023. While the increases were aimed at combating inflation, they ...

The spread between personal loan and credit card rates has become historically wide. Credit card marketing costs and consumer habits may be the cause. You can use this information to your advantage, ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. triloks/Getty Images Generation X ...