A credit card interest rate cap proposed by Alexandria Ocasio-Cortez comes as APRs jumped to 21% last year.

Pursuing certain types of credit card debt relief could have a big impact on your taxes. Here's what you need to know.

That can lead some homeowners to use them to pay down large credit card bills. But this method isn't foolproof: Most notably, you're trading an unsecured debt for a secured one that uses your home ...

The author and editors take ultimate responsibility for the content. At first glance, credit card debt numbers in the United States look enormous. Consumers owe a record $1.211 trillion on their ...

Commissions do not affect our editors' opinions or evaluations. With APRs sky high, credit card debt is on the rise. Whether your goal is to lower your APR or streamline payments, transferring ...

However, some find that the debt snowball method gives them a psychological boost when they see fewer outstanding accounts and that helps to stay on track. How can I consolidate my credit card debt?

Credit card debt is common, but paying high interest rates on your balance can get expensive. According to the Fed, credit cards have an average APR of 16.28%, and your cards might have higher or ...

SimpleImages / Getty Images Drowning in credit card bills can feel overwhelming with no way out, and you may be tempted to use your retirement savings to pay down your debt. However, using money ...

According to AARP data, 52% of adults ages 50 to 64 have credit card debt, along with 42% of those ages 65 to 74. The survey covered 4,846 older adults who reported carrying credit card debt.

Despite record-high annual percentage rates (APRs) for consumers, credit card debt grew at a slower rate in 2024 than it did in 2023. The total amount of consumer credit card debt in the U.S. grew ...