If you've been watching your credit card balance creep higher each month, you're certainly not alone. Americans are now carrying over $1.23 trillion in credit card debt, and with average credit card ...

Edidiong Obot is working on her second master’s degree at Georgetown University. Like many students, she has faced student loans and credit card debt. “It was somewhere between $30-50,000 in debt and ...

Americans now owe nearly $5 trillion in non-housing debt, according to the Federal Reserve Bank of New York, a sum that’s increased more than 60% over the past decade. As our debt has grown, so has ...

In 2025, people throughout the U.S. saw rising prices for consumer goods and a reduction in income and employment. Those factors contributed to a substantial rise in credit card debt.

Credit counselors reported a significant surge in demand for financial counseling services so far this year, warning that the trend signals an increase in financial distress among U.S. consumers.

For millions of us, relief from credit card debt feels unobtainable. So when an offer comes in the mail offering credit card forgiveness, you might be eager to jump on it. Credit card balances have ...

Even households long considered financially secure are feeling the pressure.