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 ...

In today's economy, managing credit card debt is a lot harder — and a lot more expensive — than it was just a few years ago. Part of the issue is that years of high inflation have led to higher costs ...

If you’re struggling to manage multiple monthly credit card payments, a credit card consolidation loan can simplify your ...

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

Consolidating your credit card debt may be a good idea if the new debt has a lower APR than your credit cards. Many, or all, of the products featured on this page are from our advertising partners who ...

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 foreseeable way ...

A fairly common starting minimum payment for a $5,000 charge is $100 (2%). If you pay $100 a month and don't add to your ...

PALM BEACH COUNTY, Fla. — Living with debt can be a constant source of stress. “It’s a daily thing. I mean, you wake up thinking about it and you go to bed thinking about it,” shared Denise Phillips, ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

With a balance-transfer card, you move higher-interest credit card balances onto it and then pay down the debt at a lower rate. In addition, most balance-transfer cards come with an initial 0% ...

If you were hoping the Federal Reserve's recent rate cut, its first of 2025, was going to make your credit card debt easier to pay off, the reality is that there are many other, more important, ...

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