Over the last few years, Americans have been racking up the credit card debt — and the issues that come with it. As of the third quarter of 2024, Americans owed a collective $1.14 trillion in credit ...

Experts attributed the trend to factors like people not spending within their means, as well as easier access to credit like ...

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

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. When credit card bills pile up and ...

While carrying a balance on your credit card should never be your first choice, it's growing increasingly unavoidable for many Americans. The most recent New York Fed report on household debt and ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Credit card debt has become a pervasive financial challenge ...

Most adults in the United States (81%) have at least one credit card, and Americans' total credit card balances broke a new record—more than $1.3 trillion—in July 2025. Credit card debt can be a ...

Americans' household debt levels, including credit card debt, rose to new all-time highs in the fourth quarter of 2024, according to a report by the Federal Reserve Bank of New York. The report showed ...

An alarming share of older adults use credit cards to cover basic living expenses, AARP reports in a new survey. The findings illustrate how the rising costs of food, housing, health care and other ...

Home equity loans and home equity lines of credit (HELOCs) have lower interest rates than credit cards. That can lead some homeowners to use them to pay down large credit card bills. But this method ...

Authorized users won’t be responsible for any debt, but they may be left without a credit card account. Many or all of the products on this page are from partners who compensate us when you click to ...