Credit Card Debt: What it is, How it Works

Credit card debt is a type of unsecured liability that is incurred through revolving credit card loans. It greatly affects your credit score.

Credit card debt is soaring, especially in these cities

Americans are falling behind on their credit card payments at a level not seen in more than a decade amid high interest rates and persistent inflation, but some cities have far higher average debts...

Credit card debt swamps savings for American consumers

The average borrower holds $6,360 in card debt, TransUnion reports, an all-time high. Learn more: Best credit cards of 2023 “It’s worrisome because credit card rates are at record highs...

When credit card debt forgiveness is worth it (and when it's not), according to

Credit card debt forgiveness can be helpful, but it's important to compare your options before acting.

Struggling With Credit Card Debt? So Are Millions of Americans - Newsweek

Americans owe nearly $1 trillion in credit card debt. A majority are worried about not being able to pay it back.

Credit Card Debt :Quick Guide to Eliminate Credit Card Debt | Udemy

Freedom from Credit Card Debt : A Realistic Guide On How To Eliminate Credit Card Debt, for Good.

The best ways to pay off credit card debt

Credit card debt can be a significant financial burden, and if you have a sizable balance, trying to pay it down can be stressful. Here are the best ways to pay off credit card debt.

Credit card debt: Renters and poor people are falling behind | AP News

Americans held more than $1.05 trillion on their credit cards in the third quarter of 2023.

How much credit card debt is too much? - CBS News

Everyone's ability to cover the cost of credit card debt is unique. Here's how you can tell if you have too much credit card debt.

How does credit card debt forgiveness work? - CBS News

Credit card debt forgiveness may be an effective way to get out of debt quickly. Here's how it works.