Many Americans—about half—carry credit card debt from month to month, and about 53 percent of them have been in debt for more than a year, according to a survey by Bankrate.com. Households with credit ...

Even households long considered financially secure are feeling the pressure.

Americans now owe nearly $5 trillion in non-housing debt, according to the Federal Reserve Bank of New York, a sum that’s increased more than 60% over the past decade. As our debt has grown, so has ...

The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.

After an initial evaluation, a counselor will advise you on the best course of action to tackle your debt, whether you need general personal finance advice, bankruptcy counseling or something else.

Freedom Debt Relief reports that negotiating credit card debt can lead to lower payments, waived fees, or partial forgiveness ...

Even if credit card interest isn't capped, cardholders have more power than they think, consumer advocates say.

Edidiong Obot is working on her second master’s degree at Georgetown University. Like many students, she has faced student loans and credit card debt. “It was somewhere between $30-50,000 in debt and ...

Credit counselors reported a significant surge in demand for financial counseling services so far this year, warning that the trend signals an increase in financial distress among U.S. consumers.

President Donald Trump has called for a 10% credit card rate cap to help relieve the payment burden for millions of Americans ...