Financial educators bust three common myths about credit card debt — and explain why these negative assumptions can hold us ...

Recent data from Experian shows how credit card debt varies across generations. Generation-Z carries an average balance of $3 ...

It's crucial that you can recognize when your credit card debt is excessive and understand how to regain control.

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a home that builds equity over time. A car loan can be considered bad debt ...

One big problem with credit cards is if you keep using them for purchases, you may never pay off your debt. Personal loans, on the other hand, come with a fixed interest rate, a fixed monthly payment ...

After combining her finances with her husband’s, Michelle from Indiana discovered just how deep they are in debt. Michelle ...

In a related trend, state courts are seeing a spike in debt collection lawsuits. Court filings surged in 2023 and 2024, according to a Sept. 2 report from the Pew Charitable Trusts, based on data from ...

Tim Maxwell is a freelance writer who covers investing, real estate, banking, credit education and other personal finance topics. Credit card interest rates remain high right now, driven up, in part, ...

Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...

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

If you were hoping the Federal Reserve's recent rate cut, its first of 2025, was going to make your credit card debt easier ...

Credit card usage surged during Navratri festive season, and it’s expected to continue till Diwali, but reckless use can lead ...