Want to get out of credit card debt? Here’s how this couple paid off $27,000 in 18 months
Tana Williams and her husband found themselves in nearly $27,000 in debt after a series of emergency expenses came up, coupled with years of overspending. To get out of debt, they came up with a new budget, started taking on side hustles to earn extra income and found a debt management method that worked for them.
Don't Let Credit Card Debt Wreck Your Finances in 2025. How to Pay It Off
There are proven strategies that can help you pay off your debt by breaking the process down into approachable steps. Here are some of the best practices for reducing spending and
Americans' credit card and household debt reach all-time high
Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.
Carded: Many Americans struggle with credit card debt
Got credit card debt? There are several ways to approach paying it off. Consumer Investigator Rachel DePompa talks to NerdWallet about different debt repayment strategies.
What is the credit card debt statute of limitations (and why does it matter)?
The answer lies in the statute of limitations, which is a legal timeframe that determines how long a lender or collection agency can take legal action against you for unpaid debts
Credit card debt hits record high, but help is available | What you need to know
A new report shows Americans have more than 1.2 trillion in credit card debt. One nonprofit says they have resources to help.
Americans face uphill battle when it comes to managing rising debt
A new report by the Federal Reserve Bank of New York shows all major loan categories are on the rise, with credit card balances topping $1.2 trillion-dollars.
American credit card debt pushes to new record high once again
Following the trend of the last several months, Americans’ household debt has increased once again to new record highs, according to the Federal Reserve Bank of New York.
How To Make Money in 2025 Through Strategic Use of Credit and Debt
According to data from TransUnion, Americans' average credit card balance was at $6,380, an annual increase of 4.8% in the ...
Why you should consider debt relief this March
Inflation's recent rise and the likelihood that rates will stay the same indicates that this March will bring increased debt ...
The Motley Fool6d
Average American Credit Card Debt in 2025
Credit card debt numbers vary quite a bit by state ... As we've seen from these statistics, owing money to your credit card issuer is common. Many American credit card holders have expensive ...
Forbes10d
How To Consolidate Credit Card Debt
credit card debt consolidation can be a pathway toward ease of mind. Not only can rolling your debts into an option with a lower interest save you money, but it can also simplify your credit ...
USA Today6d
Nearly every retirement-age American is in debt. How it happened, and how to cut costs.
Credit card debt is the most common type among seniors ... A higher interest rate means you’re paying more interest every month on the money you borrowed. There’s a big difference, for ...
The Motley Fool2d
Average American Household Debt in 2025: Facts and Figures
Drawing on data from Experian, the Federal Reserve, TransUnion, and the U.S. Census Bureau, Motley Fool Money breaks down the most common types of debt including mortgages, auto loans, credit ...