When money's tight, as it is for many people amid today's mix of rising inflation, growing debt problems and elevated borrowing rates, it's easy for your credit card balances to spiral out of control.

When you're struggling to keep up with your growing credit card bills, it can feel like you're just one missed payment away from losing control. And in many cases, that's not far from the truth. After ...

A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. These two phases often get lumped together in conversations about debt, ...

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10 percent for a year ...

Focus on paying off high-interest or “less ideal” debt first and choose a method that works for you. If you're looking to pay off debt in 2026, you've probably already heard all the classic advice.

Americans' debt loads are at record highs, resurfacing a decadeslong debate on how to prevent companies from maximizing ...

The average American household has over $6,000 in credit card debt, which can be a challenging amount to manage. If you're just making minimum payments, expect to stay in credit card debt for ...