Debt
Credit cards that help pay off student debt with rewards
Young Americans have had their share of economic turmoil, but one financial problem that persists for millennials and Gen Z is student debt. And, like any kind of debt, student debt can be suffocating. Currently, the average student debt is around $37,787, according to the Education Data Initiative, while the average monthly student loan payment […]
How to pay off someone else’s credit card debt
The COVID-19 pandemic and inflation have taken a toll on people’s financial lives. While consumers charge more to live on, the relief is short-lived. Payments come within a few weeks, and growing balances are even more worrying. A survey conducted by CreditCards.com in September 2022 found that among Americans who roll over monthly balances, 6 […]
Free Halloween items to scare off credit card debt
Getting ready for the spookiest time in the US? You are in the majority. According to the National Retail Federation’s 2022 Halloween poll, 69 percent of Americans will attend this year, and they plan to spend about $10.6 billion in related expenses. However, fears about inflation also prevail. According to an August 2022 Census Bureau […]
What exactly does a debt management plan include?
Almost as soon as credit cards became commonplace in the United States, organizations arose to help cardholders deal with their debts. In 1951, the National Credit Counseling Foundation opened to the public. Another national trade association, the American Financial Advisory Association, opened in 1993. Through these nonprofits, people can get free financial advice and, in […]
10 ways to get out of debt on your own
As a child, my parents talked a lot about debt. I was often involved in discussions about how they planned to fund our family’s needs, including housing, cars, my sister’s and me’s education, vacations, etc. I will always remember those discussions because they sounded intense. Since then, I have been eager to learn as much […]
Poll: 60% who have credit card debt owe their creditors at least 12 months.
As a credit card user, it’s no surprise that once you’ve accumulated a large balance, it can be difficult to pay it off within a reasonable amount of time. A new survey by YouGov for CreditCards.com found that among Americans who roll over credit card debt from month to month, 60 percent owe their creditors […]
Is debt consolidation right for you?
The content of this page is accurate as of the publication date; however, some offers from our partners may have expired. Browse our list of the best credit cards or use our CardMatch™ tool to find the cards that suit your needs. There are several ways to consolidate debt, including opening a credit card with […]
What happens to debt when you die?
The last thing your loved ones want to think about when they mourn your loss is money. Particularly debt. But while it is unpleasant to dwell on a painful topic, it is important to consider all the financial consequences for your loved ones if something happens to you. This includes the legal status of any […]
How to pay off credit card debt
Debt in and of itself is not always bad. Certain low-interest debts, such as student loans and mortgages, can be investments that will appreciate in value and generate income in the long run. However, this is usually not the case with credit cards. “It’s important to reduce credit card debt…because credit card interest accrues daily […]
What is credit card debt?
The content of this page is accurate as of the publication date; however, some offers from our partners may have expired. Browse our list of the best credit cards or use our CardMatch™ tool to find the cards that suit your needs. Credit card debt is a constant problem for many people. But falling into […]