The latest Fed data shows the average American has a credit card balance creeping up to $8,000. The interest rates are now charging more than 21% on those balances.
Once you’ve reached the point where you need credit cards to make ends meet, it can be tough to get out of debt. We’ve helped more than 10 million Americans with their credit card debt.
There’s more than one way to get out of credit card debt. The articles below cover the latest news along with educational resources for all Americans to free themselves of high-interest credit card debt.
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Credit card debt can be tough to pay off on your own. This guide walks through five methods for paying off credit card debt, then it provides three solutions that…
Credit card charge-offs can damage your credit and lead to collections, lawsuits, and wage garnishment. Learn how to deal with them.
As the pandemic winds down, new research shows credit card debt didn’t reach record highs in the U.S. as finance experts originally predicted. But it turns out the most likely…
Paying the minimum on your balances may be why your payments aren’t getting you anywhere. That’s because minimum payments are really designed to keep people in debt. Understand how credit…
DIY strategies to reduce credit card debt have advantages over hiring a company for help… … It’s more than possible to handle the debt on your own with basic instruction.…
Charging credit cards to the limit can be a recipe for ruined credit.
A man is divorcing his husband, but is he wedded to his ex’s debt?
A reader has money right now, but she has no idea what to do with it.
When you enter active duty in the military, you may be worried about supporting your family members and your financial obligations, especially if you’re overseas. Luckily, the Servicemembers Civil Relief…
You use a debt management program to avoid the credit damage of more severe options, such as bankruptcy. However, in some cases, you may see a small drop in your…
Debt.com’s team of experts provides the ultimate credit card hacks guide so you can get the most out of your credit cards and maximize your rewards, while avoiding debt and…
A reader wants to know: If the nation can do it, shouldn’t its citizens?
Howard Dvorkin discusses why paying off your credit card will be the most beneficial option.
Understanding how different credit cards work can help you get the most out of the plastic in your pocket and ensure that they help – rather than hurt – your…
Credit card debt forgiveness is possible, but you can’t expect to get it without strings attached. Learn how to qualify for debt forgiveness through settlement and how to tell when…