The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6 ...

The president's proposal could help consumers save billions of dollars and pay off debt faster. But financial experts say it could also make it harder for consumers with lower credit scores to get ...

Climbing out of debt is a perennial New Year’s resolution for many Americans — and it’s easy to see why. Nearly 7 in 10 people reported feeling “financial stress” in a recent survey, with about a ...

NerdWallet’s Sara Rathner says tackle high-interest credit card debt by reviewing statements, writing down balances and rates ...

The “debt avalanche” method prioritizes saving money on interest by focusing on the highest interest rate debt first while ...

Credit card interest can be very expensive. If you have a low promotional rate, it’s important to pay off the debt before the rate expires. There are strategies that can help you to become debt free ...

A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much relief borrowers could actually see.

Trump's proposed 10% APR cap could shake up credit cards in 2026, from tighter approvals to smaller rewards. Here's what it could mean for you.

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...