What's the best consumer option for paying down credit card debt? The answer is steeped in irony and may surprise you.

The 0% APR credit card can be a powerful tool for paying down debt. It allows a consumer to make purchases, balance transfers, or both, and pay no interest for a promotional period of 12, 18 or ...

Investopedia found Debt Payoff Planner to be the best option for people focused on paying down multiple debts quickly and for as little interest as possible.

Ready to consolidate your debt? Not so fast. Do these things first to improve your chances of getting real relief.

Maxing out a credit card, taking on a high-interest loan or, more recently, relying on a Buy-Now-Pay-Later plan can create a ...

If you’ve been relying on credit cards to stretch your finances, only to watch your credit card debt grow and grow, you may ...

Another thing frugal people do to get out of debt is to journal daily to spot their own negative emotional patterns. Sure, ...

How Much Credit Card Debt Do Students Have? While a slight majority have debt of $1,000 or less, 28.2% of survey respondents say their credit card debt reaches $2,000 or more.

Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago.

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 ...