Debt levels in the U.S. are climbing higher than ever, and the strain is being felt across millions of households. Borrowers are carrying larger balances overall in terms of their debt loads, and ...

Nobody ever said debt was fun and it’s not. It’s emotionally and financially stressful, especially when you find yourself in an endless cycle of trying to pay it off. But that doesn’t mean you should ...

Rising interest rates and stubborn inflation have turned a once-hypothetical money question into a daily dilemma: should you build savings or attack debt first. The right answer can change how quickly ...

"Less ideal debt" is for buying an asset that drops in value, like a car loan, or has a high interest rate, like credit cards. "Necessary debt" is used to buy an asset that can rise in value, like a ...

Consumer debt is reaching new heights — it increased by 18.3 billion dollars in the second quarter of 2025 — and even though the Federal Reserve just lowered interest rates slightly, it’s become more ...

If your goal is peace of mind, paying what's owed can feel like a weight lifted. You eliminate collection calls and remove ...

These days, it can feel impossible to stay on top of credit card debt. The cost of living is going up, inflation is on the rise and job growth is slowing. And more Americans are falling behind on ...

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 ...

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 ...

You've heard the mantra: Pay off debt as fast as possible. But what if doing so too aggressively ends up costing you in other ways? In certain situations, chasing debt payoff could backfire. Ramming ...