The math backs her up. If you have an average credit card balance of around $6,600, a 20% interest rate and only make the ...

In the fourth quarter of 2024, U.S. credit card balances rose by $45 billion, reaching the $1.21 trillion mark — the highest ...

You just found out that you’re getting a tax refund and are considering using it to make a lump-sum payment toward your ...

There’s a reason credit card debt can be so dangerous. Credit cards are notorious for charging large amounts of interest. And ...

Bruce McClary, Spokesperson, National Foundation for Credit Counseling If you’re fortunate enough to be free of high-interest debt, be sure to reduce any remaining debt balances while still ...