The math is brutal. At an average interest rate of 22%, all it takes is a revolving credit card balance of a few thousand dollars to find yourself in serious trouble, especially as the interest ...

Americans now hold a record $1.21 trillion in credit card debt, but some consumers could have their bills cut in half.

New economic considerations came to the forefront early Wednesday when the Commerce Department announced a shrinking in the gross domestic product (GDP) for the first quarter of 2025. GDP, which ...

Debt cancellation can erase what you owe under certain circumstances, but it's not always as simple as it sounds.