Bad debt can also affect your credit. Your credit utilization, which is the percentage of your available credit that you're using, plays a major role in your credit score. High balances and maxed-out ...

Tackling $30,000 in credit card debt fast isn't easy, but with the right strategy, it's not impossible either.

The Wells Fargo Reflect comes with an intro APR offer that lasts almost two years. Learn why it's our favorite balance ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

If you were hoping the Federal Reserve's recent rate cut, its first of 2025, was going to make your credit card debt easier to pay off, the reality is that there are many other, more important, ...

Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...

A six-figure salary isn’t a guaranteed cushion from debt, but careful credit card use can be part of your new financial picture. Many or all of the products on this page are from partners who ...

The Wells Fargo Reflect card is one of the best ways to pay off debt in 2025. Learn why it's better than any rewards credit ...

Most of the credit card debt belongs to her husband, who’s been using the cards to pay for groceries ... the couple owes $315 ...

Two major issuers, Capital One and Chase, have banned BNPL credit card payments. If you're carrying a balance on your credit card, using the card for BNPL payments may cause you to pay interest twice.

An alarming share of older adults use credit cards to cover basic living expenses, AARP reports in a new survey. The findings illustrate how the rising costs of food, housing, health care and other ...

A student credit card, when used responsibly, can help you establish a credit history, build your credit score and develop healthy spending habits. Use a student credit card for affordable, ...