Credit Card Debt
Eliminate this high interest rate debt to balance your budget and save your credit.
Credit cards can be highly beneficial financial tools, but the high-interest debt you generate can be a pain to manage. Depending on the APR on your credit cards, roughly 2/3 or more of every minimum payment you make goes to paying off interest charges. This can make it tough to pay off your debt quickly.
Luckily, there are plenty of ways to solve challenges with credit card debt. This part of our education center helps you explore options for debt relief. Whether you want to solve your problems on your own or you already know you need help, you can find your path to freedom here!
Credit Card Debt Resources
Debt.com brings you the latest consumer credit card debt statistics, so you can see where consumers stand with revolving debt today and see how you stack up.
Have a certain goal you want to meet? We explain how to get out of debt without paying, how to do it in 18 months, how to do it with lower payments and more.
Credit cards have relatively high interest rates compared to other types of traditional financing. Learn how APR works and how you can use it to calculate the total cost of credit card debt repayment.
There are two basic strategies to reduce credit card debt within your budget. Learn how to decide which debt reduction strategy is right for you, so you can set a budget that helps you pay off your balances fast.
Learn how to craft a strategy to pay off credit card debt effectively and compare options for debt repayment so you can find the fastest and easiest way to reach zero without damaging your credit score.
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- How Long Do I Have To Pay Off A Credit Card Balance?
- Should I Use a 401(k)/IRA to Pay Off Credit Card Debt?
- What Happens If I Stop Paying My Credit Cards?
- Which Credit Card Should I Pay Off First?
- Can You Go to Jail for Not Paying Credit Cards?
Learn how debt consolidation lets you to roll debt payments into one simple bill at the lowest interest rate possible so you can eliminate your credit card balances fast, while minimizing interest charges and credit damage.
We help map your options for debt relief so you can find the right path to eliminate credit card debt and regain financial control. Should you consolidate, settle or set up a repayment plan? Compare your options now!
A debt management program is a form of professionally assisted debt consolidation that works even if you have bad credit or too much debt to use other solutions effectively.
A balance transfer helps you overcome high debt payments to bring balance to your budget so you can avoid financial distress and debt problems. Is this the right option for consolidation to fit your needs?
We explain how a certified credit counselor can provide the lifeline you need to avoid drowning in credit card debt when you can’t stay afloat on your own. Learn about the benefits this service can provide.
Learn how to lock down delinquent credit card debt so it doesn’t get out of control in collections and start causing problems for your budget. with the right strategy you can get back on track before a charge-off.
If you can’t afford to pay back everything you charged, even with consolidation, debt settlement offers a fast and easy way to get out of debt for a percentage of what you owe. Learn how it works and how to decide if it’s the right solution for you.
Learn the secrets to negotiating credit card debt if you fall behind and can’t afford to pay as scheduled. Credit card debt can be extremely stressful. In the first quarter of 2018, the average American held more than $8,166 in credit card debt, according to a recent WalletHub study. And the Consumer Financial Protection Bureau’s research […]
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 it’s the right time to ask for a debt to be forgiven.
Don’t wait for missed payments and collection accounts to get the help you need! Learn 10 early warning signs of a credit card debt problem, so you can find a solution before you fall behind.
If a creditor or collector decides to sue you to force repayment, this page explains how to answer a civil summons for credit card debt. We explain four ways to answer the summons and tell you how you can avoid going to court altogether.
Find answers to top questions about credit card debt, so you can understand how your debt works and find the best way to pay it off.
Find credit cards that work to help you reach your goals, without creating more risk for debt problems When it comes to selecting a credit card, it’s way more complicated than choosing from the largest credit card companies, like Visa, MasterCard, American Express or Discover. There are cards for bad credit, good credit, rewards, cash […]