Credit card debt is expensive and potentially bad for your credit score. The most cost-effective method for paying it off is typically the debt avalanche strategy.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Your debt issues don't have to feel like an endless burden, though, ...

Debt levels in the U.S. are climbing higher than ever, and the strain is being felt across millions of households. Borrowers are carrying larger balances overall in terms of their debt loads, and ...

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re like many Americans and are not financially prepared for an emergency, building savings should be a priority. However, ...

These days, it can feel impossible to stay on top of credit card debt. The cost of living is going up, inflation is on the rise and job growth is slowing. And more Americans are falling behind on ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

Could your debt be reduced or forgiven? Take our financial relief quiz. There is nothing like the thrill of paying off a debt. However, that excitement can quickly wane, turning into impatience as you ...

Joshua Rodriguez is a writer with a passion for helping people understand the impact of their financial decisions (good or bad). His articles on mortgages, home equity loans, credit cards, budgeting, ...

When preparing for retirement, making a plan to get out of debt should be part of the process. Yet paying down debt can seem like a daunting, or even impossible, goal. Many Americans are living with ...

A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits. By Ann Carrns ...

Struggling with debt is more common than many people realize, especially in today's economic landscape. The total amount of credit card debt nationwide recently surpassed $1.21 trillion, with credit ...