Paying only the minimum keeps your card current, but it can trap you in debt for years and cost thousands in interest.

The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.

Credit card debt forgiveness could be the viable debt relief solution you need now. Here's how to qualify in 2026.

HAVE A BREAKDOWN OF THE SIMPLE STEPS YOU CAN TAKE TO START PAYING DOWN YOUR BALANCE. I STARTED TO FEEL THE CRUNCH WHEN I STARTED TO USE CREDIT CARDS FOR JUST DAILY ESSENTIALS. FOR JENNIFER PAEZ, MORE ...

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 ...

Carrying a credit card balance from month to month usually means getting hit with steep interest charges. The average credit card interest is more than 22%, making it even more expensive to carry ...

Got credit card debt? Want to pay it off? Oddly enough, another credit card might just be your best bet. It’s one of the stranger ironies in personal finance: Credit cards carry some of the highest ...

Learn the best strategies for whittling down what you owe, depending on how much debt you have. This page includes information about these cards, currently unavailable on NerdWallet. The information ...

Question: “ I have over $4K in credit card debt which I’m trying to pay off. I also have student loan debt that started at $25K but is now $29K. Should I start doing some investing to make money to ...

It's the time of year when even the best-laid budget plans get thrown aside, and credit-card balances start climbing. During the holiday season, it's common to set expectations high, which can easily ...