To pay your debt off fast, you could consider an option that gives you an upfront lump sum of cash, like a home equity loan.

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.

Susan Cannon, 73, owes nearly $40,000 across 19 credit cards. High interest rates are preventing her from retiring.

Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off credit card balances and then paying off the new loan. Consolidating ...

A balance transfer credit card allows you to transfer the debt balance from other credit cards onto a single card.

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 ...

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Understand common debt repayment strategies you can use to pay off your balances and learn strategies for preventing further debt Many consumers carry higher credit card balances than ever, with ...

STAFFORD, Texas, Aug. 13, 2025 (GLOBE NEWSWIRE) -- As consumer debt continues to climb and delinquencies rise, new data from Money Management International (MMI) shows that 20% of clients seeking ...

Credit card debt in America is at an all-time high, hitting $2.21 trillion in the second quarter of 2025, according to the Federal Reserve. By July, the average American owed $6,492 on credit cards.