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

Debt consolidation involves combining multiple debts into a single payment with a lower interest rate. This strategy can ...

Balance transfers are a useful tool for paying off credit card debt, as they allow you to move high-interest debt to a card ...

When a credit card debt goes into collections, you still owe the original balance — but on top of that, most creditors will ...

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

Credit card debt can be suffocating for many Americans. During your working years, though, you have better opportunities to ...

Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit ...

The first thing you should do if you find that you’re getting sued for credit card debt is to verify that the debt is actually yours. Once you’re sure that it’s your debt and you’re not ...

While debt settlement is often a last resort because of the damage it can do to your credit score, it could be worth it for anyone struggling with an unmanageable credit card balance that could ...

Credit card debt is common, but paying high interest rates on your balance can get expensive. According to the Fed, credit cards have an average APR of 16.28%, and your cards might have higher or ...

Your rate also directly affects how long it takes to pay off your credit card debt. A lower APR can allow you to pay down debt faster and make your balance less expensive in the long run.