Credit card balances are finally dipping — but high rates persist. Here's how to start reducing your debt for good.

Before you pay off credit card debt with money from an inheritance, there are factors you should consider first.

Debt forgiveness can provide relief for some seniors, but it's important to know when it is and isn't a wise move.

According to a recent AARP report, 52 percent of adults ages 50 to 64 have credit card debt, along with 42 percent of those ...

After you receive a Chapter 7 discharge, you must wait eight years before filing another Chapter 7 case with the bankruptcy ...

Dear Living: I’m sorry to hear about your financial woes but know that you’re not alone. Credit card debt has become a big problem in this country for millions of older Americans. According to a ...

The key to saving money with a balance transfer is repaying the balance within the promotional interest period. Once this ...

My husband and I, who are retired, have accumulated about $7,000 in credit card debt over the past few years and need some help paying it off. What can you tell us? I’m sorry to hear about your ...

While paying off credit card debt can feel overwhelming, it’s doable with a solid plan and a bit of belt-tightening and persistence. Here are some strategies: • Create a budget: Start by ...

A credit card balance transfer can offer a much-needed financial breather if you’re struggling with high-interest credit card debt. By transferring your balance to a new card with a lower or ...

While paying off credit card debt can feel overwhelming, it’s doable with a solid plan and a bit of persistence. Here are some strategies to help you tackle it: Start by taking a close look at ...