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 ...

Those with credit card debt often suffer in silence, embarrassed by their financial circumstances. Chances are, though, someone close to them is or has been in a similar position. In fact, according ...

“Using credit cards for non-essential purchases can quickly result in overwhelming debt,” said Stephen Boatman, principal and ...

Several different strategies can help you get out of credit card debt — from payoff plans like the avalanche and snowball methods to consolidation products like balance transfer credit cards 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.

Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago. However, that ...

MEMPHIS, Tenn. - More than half of credit card holders are carrying revolving debt, according to a new study. The J.D. Power 2025 U.S. Credit Card Satisfaction Study found 56% of cardholders are ...

You might be able to negotiate debt settlement with your lender, either by yourself or with the help of a credit counselor or debt settlement company. There are even AI tools that will negotiate for ...

For retirees relying on Social Security, any amount of debt can feel like a heavy weight that can't be managed over the long term. These retirement benefits are designed to cover basic living expenses ...

Many Americans with credit card debt, especially high earners, lie about the amount they owe. The average credit card debt is $7,321 with an average interest rate of 21.4%, contributing to a national ...

Debt is as American as apple pie: The average household has $127,977 in debt. For households that carry credit card debt, it costs them about $1,300 a year in interest. It's time to take action. Many ...