When a credit card issuer agrees to forgive a portion of your balance, you may receive an official letter stating that a portion of your debt has been forgiven. This marks a significant milestone in ...

The Federal Reserve made headlines again this week when it decided to keep its benchmark interest rate unchanged at a range of 4.25% to 4.5% during its July meeting. The decision to hold rates steady ...

Credit card debt in the United States reached a new nominal record in May, with balances totaling $1.31 trillion. However, when adjusted for inflation, the current total remains below the all-time ...

Credit card debt is a common challenge, which means there are a lot of tools out there for overcoming it. You have options for credit card debt relief that can make it easier to handle and get you ...

Collectively, Americans owe $1.21 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York. A separate report by Equifax found that many consumers are ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. When this happens and the traditional credit card repayment strategies ...

You might be tempted to overspend for credit card rewards, especially when chasing a sign-up bonus. Carrying a balance can result in interest charges that quickly wipe out the value of rewards you've ...