What may be surprising, though, is that the very tool that got you into debt could also be your way out. Credit cards, when used strategically, may help borrowers reduce their debt burden and save ...

Debt levels in the U.S. are climbing higher than ever, and the strain is being felt across millions of households. Borrowers are carrying larger balances overall in terms of their debt loads, and ...

Americans love their credit cards — and the rewards that come with them. From cash back to airline miles, some people go all ...

Credit card debt can be costly and quickly spiral out of control. Interest charges can add to your balance, and habits like relying on minimum payments, making new charges or overlooking relief ...

Household debt just hit a new all-time high. Here's how to slash your high-rate card balances before they spiral.

The average credit card user currently carries over $7,000 in credit card debt, which is a serious (and growing) issue, and with average credit card interest rates hovering near two-decade highs, that ...

Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot. Roughly two-fifths of consumers with credit card debt have lied about the ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

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, ...

FORT LAUDERDALE, Fla. - Credit card debt is increasingly being blamed for contributing to divorce, according to Debt.com's fourth-annual Debt and Divorce survey. The survey found that younger ...

That “you’re pre-approved!” message may feel like an exclusive deal—but before you grab it, it’s smart to understand what’s ...

It happens to the best of us — you charge too much on your credit card, and when the bill comes, you find you can’t make even the minimum payment. Maybe you had a financial emergency or job loss, or ...