The average American household has over $6,000 in credit card debt, which can be a challenging amount to manage. If you're just making minimum payments, expect to stay in credit card debt for ...

Paying off $10,000 of debt in a year is possible with clear monthly payments, a solid strategy, and smart adjustments to ...

This expert tactic leads to small mental wins and longterm financial stability.

Understand common debt repayment strategies you can use to pay off your balances and learn strategies for preventing further debt Many consumers carry higher credit card balances than ever, with ...

Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off credit card balances and then paying off the new loan. Consolidating ...

Even households long considered financially secure are feeling the pressure.

"Less ideal debt" is for buying an asset that drops in value, like a car loan, or has a high interest rate, like credit cards. "Necessary debt" is used to buy an asset that can rise in value, like a ...

It's the time of year when even the best-laid budget plans get thrown aside, and credit-card balances start climbing. During the holiday season, it's common to set expectations high, which can easily ...

A woman who had nearly paid off a £10,000 debt was sent emails suggesting she could apply for new credit cards.

Because the rate of return is guaranteed — and so is the impact on your finances.

If you’re still trying to pay off your holiday gifts, you’re not alone. A study by the financial marketplace Credible surveyed one thousand people and found a quarter of Americans took on debt during ...

Personal loans are popular options for credit card debt consolidation. Replacing revolving credit card debt with an installment loan can help you pay less interest and clear balances sooner. By ...