Credit card debt totaled $1.233 trillion as of the third quarter of 2025. Read on for more credit card debt statistics and ...

This decade’s historically high inflation rate has pushed more Americans to use credit cards to pay the bills — and many are now delinquent on their payments. If these trends continue, it could bode ...

In April 2025, Freedom Debt Relief reviewed data from tens of thousands of people actively looking for help with their debt. The numbers might be surprising. About one in four has at least one account ...

Considering credit card debt relief in the last month of 2025? Here's why it may (or may not) make sense to pursue.

With New Year resolutions just around the corner, people are starting to look at their finances with a little more scrutiny. Credit card debt fell mightily during the pandemic— by $106 billion between ...

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 ...

When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s called a debt settlement. The lender agrees to forgive the remaining $10,000, ...

Furthermore, if someone’s financial picture matches that of the average American with debt in collections, the average credit utilization rate is 89%. Having credit cards that are maxed out (or close ...