Education Center

Resources

  • Debt.com’s Ultimate Credit Card Hacks Guide

    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 credit problems.

  • How Do Credit Cards Work?

    Learn how credit cards work so you can make smarter choices when you charge. Just swipe and sign, right? Well, there’s a lot more to how credit cards work than that, because with a credit card, you are essentially borrowing money from a bank that you will pay back at the end of the month. […]

  • Types of Credit Cards

    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 […]

  • Credit Card Debt Negotiation

    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 […]

  • A Realist’s Guide to Credit Card Debt Forgiveness

    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.

  • Credit Card Debt Settlement

    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.

  • Can Social Security Be Garnished for Credit Card Debt?

    Understand the rules that protect Social Security income benefits from garnishment. Getting behind in your credit card payments is troubling, especially with the knowledge that you can be sued by a credit card company to be repaid. If you do not show up to your court proceedings, the judge may order your wages or even […]

  • Do You Have a Credit Card Debt Problem? 10 Ways to Tell.

    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.

  • Using a Debt Management Program

    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.

  • Who Is Responsible for Deceased Parents’ Debt?

    People often wonder if they’ll be responsible for their parents’ debt if their parents pass away. Here’s how the debt of your parents can impact you and your inheritance from the estate.

  • Does Debt Consolidation Affect Buying a Home?

    Using consolidation to eliminate debt shouldn’t delay or derail your plans to buy a home. We explain how consolidation can actually help you get approved for a mortgage.

  • Can You Go to Jail for Not Paying Credit Cards?

    Collectors may threaten you with it, but debtors’ prison hasn’t been a thing since the 1800s. We explain when you can and can’t go to jail for debt — hint, it almost never applies credit card debts in collections.

  • How Long Do I Have To Pay Off A Credit Card Balance?

    Credit issuers give you plenty of time to pay off debt, but paying minimum payments will get you nowhere fast. We help you understand how long you have to repay credit card debt and what happens once it goes to collections.

  • Is Using a 401k to Pay Off Credit Card Debt a Bad Idea?

    You might be tempted to use retirement accounts to pay off credit card debt if you’re falling behind, but is it worth the risk to your financial future? Learn if using a 401(k) is a smart way to reach zero.

  • What Happens If I Stop Paying My Credit Cards?

    We take you from the first missed payment to charge-off and collections to explain what you can expect if you stop paying your credit card bills. is it worth the financial stress if you can’t afford the bills?

  • Useful Credit Card Debt Statistics

    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.

  • FAQ: Answers to Top Credit Card Debt Questions

    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.

  • Finding the Best Credit Card Debt Relief Program

    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!

  • How (and When) Debt Settlement Works

    We help you understand when it’s the right time to take the hit to your credit score and settle your debts for less than you owe using a credit card debt settlement program.

  • Credit Counseling

    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.

  • Credit Card Debt Consolidation: Everything You Need to Know

    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.

  • Which Credit Card Should I Pay Off First?

    There’s a certain strategy to paying off credit card debt. Learn how to use APR and current balances to make a plan that eliminates debt efficiently, based on your budget and goals.

  • Stop paying those stupid credit card fees

    Your credit card will nickel-and-dime you to death — unless you do this.

  • Credit Card APR: How Credit Card Interest Works

    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.

  • Dealing with Delinquent Credit Card Debt

    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.