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.

HAVE A BREAKDOWN OF THE SIMPLE STEPS YOU CAN TAKE TO START PAYING DOWN YOUR BALANCE. I STARTED TO FEEL THE CRUNCH WHEN I STARTED TO USE CREDIT CARDS FOR JUST DAILY ESSENTIALS. FOR JENNIFER PAEZ, MORE ...

Quick Summary A 30-year-old earning $50,000 is doing everything right on paper, freezing cards, paying more than the minimum, negotiating interest rates, yet 25% APR credit card debt is still ...

Want to pay off credit card debt fast? Learn 3 quick strategies for paying off credit card debt to gain financial freedom and ...

Paying only the minimum keeps your card current, but it can trap you in debt for years and cost thousands in interest.

CHICAGO (WLS) -- After record pandemic spending lows in 2020, U.S. consumers have started to return to bad habits when it comes to credit card debt. Consumers added a total of $87.3 billion in new ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

Got credit card debt? Want to pay it off? Oddly enough, another credit card might just be your best bet. It’s one of the stranger ironies in personal finance: Credit cards carry some of the highest ...

Question: “ I have over $4K in credit card debt which I’m trying to pay off. I also have student loan debt that started at $25K but is now $29K. Should I start doing some investing to make money to ...

Americans collectively owe $1.233 trillion in credit card debt, with nearly half of all cardholders carrying balances month ...

These days, it can feel impossible to stay on top of credit card debt. The cost of living is going up, inflation is on the rise and job growth is slowing. And more Americans are falling behind on ...

Learn the best strategies for whittling down what you owe, depending on how much debt you have. This page includes information about these cards, currently unavailable on NerdWallet. The information ...