High-interest debt can grow faster than savings. Experts explain why minimum payments trap you and how to avoid falling behind in the new year, and how to avoid it.

When it comes to managing credit card debt or loans, the decision between making a minimum payment and paying the full amount can significantly impact your financial health. The minimum payment is the ...

Every credit card issuer has its own process for calculating your minimum balance. Worse, that process can vary based on everything from which card you have to your credit score to your payment ...

Don't let these four mistakes wreck your debt payoff plans in 2026. Learn how to outsmart them and ditch your balance faster.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Credit card issuers charge cardholders ...

Discover what a credit card balance includes, how it's calculated, and its impact on your credit score. Learn more about ...

Credit card loan delinquencies and account balances have been trending upwards across the state of Ohio and the nation. But there’s another possible sign that people are struggling with credit card ...

Valerie Morris is an editor at Fox Money and a personal loan expert. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned ...

Paying more than the minimum on credit card debt can help you pay down the balance more quickly and pay less toward interest. Lowering your credit card balance also decreases your credit utilization ...

Make a list of your credit card debt, from the highest interest rate to the lowest. Decide how much extra you can spare.

After making big purchases on a credit card, it can be tempting to simply make the minimum payment. If one doesn’t have enough money at the moment, or just needs a little extra time to get funds ...