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.

If he has multiple unsecured debts, he could look into debt consolidation through a balance transfer credit card or a debt ...

"My husband and I, who are retired, have accumulated about $7,000 in credit card debt over the past few years and need some ...

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 ...

With the debt avalanche method, you pay the card with the highest APR first – which is your 29.9% APR card – and make minimum ...

Credit card debt has become a big problem in this ... Or you may want to start with the card with the smallest balance. Paying off smaller debts quickly can give you a sense of accomplishment ...

So should you pay off credit card debt first or invest for the future? Below, we explain the tradeoffs and help you choose a strategy that fits your situation. When your employer matches your 401 ...

How to tackle credit card debt. Credit card debt can be hard to pay down because the interest rates are so high — an average ...

So, if you carry a $1,000 balance on your credit card, you’ll be charged 0.055 percent interest the first day your balance passes your credit card grace period, which comes out to about 55 cents. The ...

Freedom from debt may feel like a distant dream, but experts say with the right strategies, you can accelerate your payments ...

Take our financial relief quiz. You can get rid of credit card debt quickly by making a budget, paying off one card at a time and pausing your other financial goals while paying down your debt.