As Credit Card Debt Hits $1 Trillion, Here Are 5 Ways to Pay Off Your Balance
A separate report from credit bureau TransUnion says the average consumer carries a credit card debt of $5,947 right now — the highest in a decade. If you’re like most Americans, you probably noticed ...
I’m 35 with zero savings and $8,000 debt. How do I turn my life around?
I’m 35 years old. I have zero retirement savings, zero savings, about $8,000 worth of debt and now the phone company has ...
How much credit card debt is too much?
Credit card debt can easily creep up on you, but how much debt is too much? Learn about the warning signs your credit card ...
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These newlyweds paid off $21,000 in credit card debt by following their own rules—here's exactly how they did it
While many financial planners recommend the avalanche debt repayment method (where you pay the balance with the highest APR first), the Lacys found they were more motivated when they saw the first ...
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How to get out of debt: 5 tools and methods to use
If you don't want to or can't consolidate your debt, consider using the avalanche method to pay off high-interest debt first. It's one of the most effective strategies for getting out of debt.
Credit card debt is getting in the way of saving for many workers nearing retirement
Credit card debt is a challenge for retirees and those nearing retirement. Many adults 50 and older carry credit card debt or ...
What the Fed Rate Cut Means for Credit Cards
The Federal Reserve held its second meeting of the year on March 19. Following the trend from January, the Fed continues to hold steady and left rates unchanged. This means the federal funds rate ...
I have an $11K check — how can I use it to help pay off my maxed out credit card debt faster?
I’m 54 and have $28K in maxed out credit card debt. I’m spending $1K a month to pay it back. I have an $11K check — how can I ...