Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Credit card debt has become a pervasive financial challenge ...

If you make a big purchase on a credit card, pay it off as fast as possible. Improving your credit score can be achieved by keeping your credit utilization percentage as low as possible. The hope is ...

Credit card debt is expensive and potentially bad for your credit score. The most cost-effective method for paying it off is typically the debt avalanche strategy.

As of late 2025, Americans are carrying over $1.23 trillion in credit card balances. And with the average interest rate now sitting a little north of 21%, that debt is becoming more and more expensive ...

If you’re carrying more credit card debt than you care to think about, you’re not alone. Among the generations, Gen Xers carry the largest average credit card balance of $9,225, with baby boomers not ...

Several different strategies can help you get out of credit card debt — from payoff plans like the avalanche and snowball methods to consolidation products like balance transfer credit cards and ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. When credit card bills pile up and ...