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 ...

Key takeaways Using a personal loan to pay off credit card debt could be a smart move if you can secure a lower rate or are ...

Consolidate credit card and other high-interest debt.

BATON ROUGE, La. (CONSUMER REPORTS) - If credit card debt has you feeling stressed, you’re not alone. Many families are struggling to keep up, and it can feel like you’ll never get ahead. But there ...

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 ...

Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.

The Federal Reserve made headlines again this week when it decided to keep its benchmark interest rate unchanged at a range of 4.25% to 4.5% during its July meeting. The decision to hold rates steady ...

TAMPA, Fla. (BLOOM) — Credit card debt is reaching new highs in America, and for many, it’s not just a financial issue, but a threat to their health, relationships and future. According to the Federal ...

Credit card debt is one of the most difficult financial hurdles to overcome — so most people just simply ignore it. BAD IDEA. The longer you let that debt pile up, the harder it becomes to pay off and ...

MEMPHIS, Tenn. - Americans owe more than one trillion dollars of credit card debt. Memphis is home to the highest rate of severe credit card delinquency among young adults, according to Federal ...

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.