What is debt forgiveness?
Debt forgiveness is helpful, but it’s not a Get Out of Jail Free card. Here are some pros and cons to consider.
8 min read
Oct 18, 2024
Credit Card Debt
Whether you’re looking for the right credit card payoff strategy, or researching debt relief, our resources can help.
Bankrate's Latest Credit Card Debt Articles
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How to tell if debt settlement is a good idea for you
Debt settlement is a risky way to lower debt but could be a good last resort.
9 min read Sep 26, 2024 -
5 Credit Card Payoff Tips From Experts at the Women in Money Conference
When female financial influencers get together, the high-quality advice is easy to come by.
5 min read Sep 19, 2024 -
Survey: More cardholders carrying balances, credit card debt
More Americans are carrying more credit card debt than ever. The costs can be steep.
6 min read Aug 02, 2024 -
How long does a bankruptcy stay on your credit report?
A bankruptcy will stay on your credit report for a number of years depending on when you actually filed as well as the type of bankruptcy.
4 min read Apr 23, 2024 -
Average credit card debt in the U.S.
American credit card balances rose to $1.13 trillion in the last quarter of 2023
4 min read Feb 14, 2024 -
Best credit cards after bankruptcy
Picking up a credit card after bankruptcy may seem like a huge risk, but this step could actually be crucial to your financial recovery.
7 min read Jan 25, 2024 -
The debt dilemma: Unveiling generational challenges amidst rising income
Learn to outsmart inflation and pay down your debt.
9 min read Jan 17, 2024 -
Tis the season to swipe: Where you live could impact your holiday credit card debt
Can where you live may affect how much debt you’ll take on this holiday season?
6 min read Dec 15, 2023 -
Buy now, pay later continues to surge — but is that a good thing?
Many Americans are using buy now, pay later this holiday season.
4 min read Dec 15, 2023 -
Should I put medical bills on a credit card?
Medical bills can be overwhelming, but credit cards may not be the solution.
6 min read Oct 26, 2023 -
72% of higher earners are in credit card debt for at least a year: What is the best way to attack your credit card debt?
As surprising as it sounds, high earners tend to carry debt longer. Here’s why.
6 min read Sep 27, 2023 -
2023 first-time credit card statistics
Here’s what first-time cardholders should know about credit cards.
9 min read Sep 19, 2023 -
Survey: Half of American cardholders now carry credit card debt, many with no plan to pay it off
More Americans are carrying more credit card debt than ever. The costs can be steep.
8 min read Aug 10, 2023 -
U.S. credit card debt reaches all time high, exceeds $1 trillion
Credit card debt reaches an all-time high in Q2 2023
2 min read Aug 09, 2023 -
Credit card statistics by race and ethnicity
Racial disparities persist in some Americans’ credit scores and debt balances.
6 min read Jun 07, 2023 -
More people are carrying credit card debt, and it costs more than ever
A trio of concerns are affecting credit card borrowers: More people are carrying debt, rates are at record highs and balances are way up, too.
3 min read Jan 20, 2023 -
Student credit card debt statistics
Building credit in college is a great idea — if you can avoid unnecessary debt.
5 min read Dec 21, 2022 -
How would credit card issuers react to a recession?
A recession appears increasingly likely; here’s what it could mean for the credit card industry.
5 min read Nov 04, 2022 -
Surge in Hispanic applicants seeking financial disaster assistance; Help is on the way
A massive increase in the number of Hispanic applicants seeking financial disaster assistance has prompted JPMorgan Chase and Money Management International (MMI) to team up to address the situation. The [...]
3 min read May 14, 2021
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