One big problem with credit cards is if you keep using them for purchases, you may never pay off your debt. Personal loans, ...

Record household debt shows consumers are still heavy credit users. But prime borrowers continue to manage debt well.

Missing a credit card payment can make financial recovery a difficult process. Here's what happens if you miss your monthly ...

The average American has thousands of dollars of credit card debt. As a whole, Americans hold a record $1.14 trillion in credit card debt as of the second quarter of this year, according to the ...

Consumers credit card balances are rising, which may be due in part to higher bills, according to a study by Experian. Turning to your credit cards to cover expenses isn’t necessarily a bad thing ...

The average credit card balance is now $6,360, an all-time high, a new report by TransUnion found. Total credit card debt also reached a record $1.13 trillion in the latest quarter, the Federal ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of local ...

When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s ...

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