Taking on still more debt in pursuit of a goal can sometimes make sense. Here’s when.

Anyone can tell you that being loaded with debt is not fun. It significantly limits what you can do financially and how far your income will take you. Trying to pay down a mountain of debt in less ...

Putting money aside while also considering what you owe to others can be a tricky balancing act ...

Learn the best strategies for whittling down what you owe, depending on how much debt you have. This page includes information about these cards, currently unavailable on NerdWallet. The information ...

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

The debt avalanche method (also known as debt stacking) is a debt-payoff approach in which you pay off your debts in the ...

It's the time of year when even the best-laid budget plans get thrown aside, and credit-card balances start climbing. During the holiday season, it's common to set expectations high, which can easily ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

Credit card debt is one of the most difficult financial hurdles to overcome — so most people just simply ignore it. BAD IDEA. The longer you let that debt pile up, the harder it becomes to pay off and ...

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 ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Revolving credit card debt continues to climb as nearly half of Americans say “it’s normal,” finds NerdWallet’s annual household debt survey and analysis. Many or all of the products on this page are ...