A large number of Americans have been struggling to make ends meet right now — and that's especially true for those carrying credit card debt. Case in point? The latest Large Bank Credit Card ...

Credit card debt can add up fast ... A balance transfer card is a great way to temporarily avoid interest charges while you repay debt. If you’re aggressive with your repayment plan, you ...

but there are debt traps to be aware of when using one. Always make the minimum payments on your credit card to avoid ...

Could your debt be reduced or forgiven? Take our financial relief quiz. It’s easy to let credit card debt get away from you. Before you know it, the bills are piling up, and there’s no ...

Ultimately, having too much debt can cause a downward spiral financially — with increasing debt loads and high interest rates ...

There are two major ways to potentially avoid taxes on forgiven credit card debt: insolvency and bankruptcy. If you were "insolvent" when the debt was forgiven (meaning your total debts exceeded ...

If you carry a credit card balance in Canada, use our calculator to see how much you owe and how long it will take you to pay ...

A new Bankrate survey showed how credit card debt is affecting people daily. Are people holding back on certain purchases? They are. How is this affecting their finances? “We found that the ...

While you're getting out of debt, avoid taking out another loan or using credit cards, unless you can absolutely afford to pay off the balance at the end of the month. Cutting off credit card ...

As you begin holiday shopping, you may be trying your best to avoid going into ... on too much additional debt can negatively affect your finances, like a dip in your credit score.