Meanwhile, a similar report from personal finance site NerdWallet found that 48% of Americans who have credit card debt say paying for necessities is a reason they carry a balance. While income has ...

It’s no surprise that Americans often rely heavily on credit cards to make ends meet. And with a recent period of rampant ...

These emotional needs, whether for security, attention, achievement, connection, or control can drive impulsive or compulsive ...

Taking control of your financial future starts with understanding the root of your debt and implementing effective strategies ...

these are still a lot lower than the finance charges levied on unpaid credit card dues. Thus, to come out of debt traps, stressed borrowers would have to ensure consistent financial discipline and ...

Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. Here’s what you should know.

Although you typically can’t use one credit card to pay off another ... become the last straw that sends a snowballing debt load out of control. Even if a balance transfer card or cash advance ...

Michelle Lambright Black, Founder of CreditWriter.com and HerCreditMatters.com, is a leading credit expert and personal finance writer with nearly two decades of experience in the credit industry.

Accredited Debt Relief, our top pick overall, also earns our recommendation as the best choice for cutting or zeroing out credit card debt. The company offers several solutions to tackle unsecured ...

A low interest credit card saves you money by reducing the cost of debt: When you're paying less ... the right card's out there. Just answer a few questions and we'll narrow the search for you.

There are even some companies that act as both a network and an issuer, which allows them to control ... major credit card networks are Mastercard, Visa, American Express and Discover. Out of ...

For some Canadians, tackling credit card debt can feel overwhelming. However, with the proper planning and strategies, you can take control of your finances ... You won’t know until you ask, so find ...