After reaching a historic peak in the last quarter of 2024, credit card balances are finally showing signs of improvement across the nation. Credit card balances fell to $1.18 trillion in the first ...

Dear Savvy Senior: My husband and I, both retired, have accumulated about $7,000 in credit card debt over the past few years and need help paying it off. What can you tell us? — Living Underwater Dear ...

A large number of Americans have been struggling to make ends meet right now — and that's especially true for those carrying credit card debt. Case in point? The latest Large Bank Credit Card and ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Ted Rossman, Financial analyst at Bankrate, ...

Experts say slower debt growth and lower rates could give consumers new opportunities to pay down balances and save money.

Total household debt in the U.S. increased by $185 billion in the second quarter to reach $18.39 trillion, according to the most-recent New York Fed report. Mortgage balances, auto loan balances and ...

Credit card balance transfers can be a smart way to reduce your credit card monthly payments or, in some cases, pay off what you owe entirely. The fee you'll pay to transfer your balance — which ...

Maxed-out credit card balances and delinquent payments are on the rise, especially among younger generations. Factors like inflation and social media pressures may be contributing to higher ...

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 ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...