Recent data from Experian shows how credit card debt varies across generations. Generation-Z carries an average balance of $3 ...

Financial educators bust three common myths about credit card debt — and explain why these negative assumptions can hold us ...

One big problem with credit cards is if you keep using them for purchases, you may never pay off your debt. Personal loans, on the other hand, come with a fixed interest rate, a fixed monthly payment ...

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a home that builds equity over time. A car loan can be considered bad debt ...

Americans collectively carried $1.13 trillion in credit card debt as of the third quarter of 2023, marking the highest level in more than a decade and surpassing the previous peak from 2008. This ...

Debt collectors generally descend after a creditor has given up sending bills and resorts to contacting the consumer by phone. Some creditors use in-house debt collectors. Others sell delinquent ...

Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...

Tim Maxwell is a freelance writer who covers investing, real estate, banking, credit education and other personal finance topics. Credit card interest rates remain high right now, driven up, in part, ...

Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off ...

Credit card usage surged during Navratri festive season, and it’s expected to continue till Diwali, but reckless use can lead ...

If you were hoping the Federal Reserve's recent rate cut, its first of 2025, was going to make your credit card debt easier ...

A student credit card, when used responsibly, can help you establish a credit history, build your credit score and develop healthy spending habits. Use a student credit card for affordable, ...