Assuming the interest rate on Dante’s credit card debt is 20%, and he spent $2,000 per month paying it down, he would be debt ...

TORONTO--(BUSINESS WIRE)--Persistently high incidence of revolving debt and deteriorating financial health 1 have started to affect the way credit cardholders in Canada use their cards. According to ...

Learn what credit card debt is, its impact on your credit score, and strategies to manage it effectively. Improve financial decisions with our expert insights.

A 23-year-old faces a financial audit, revealing a $4,289 credit card purchase. The expert questions the need for the debt, ...

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Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

I'm a freelance financial journalist and a regular contributor to U.S. News and CreditCards.com. I've written for Life + Money by Citi, Bankrate and The Balance, among others. You can find me on ...

Credit card interest rates remain high right now, driven up, in part, by the Federal Reserve's rate hikes that occurred in 2022 and 2023. While the increases were aimed at combating inflation, they ...

Over the last few years, Americans have been racking up the credit card debt — and the issues that come with it. As of the third quarter of 2024, Americans owed a collective $1.14 trillion in credit ...

Americans are feeling a credit crunch: U.S. consumers held a record $1.21 trillion in credit card debt in the second quarter of 2025, according to the New York Fed. Nearly half of cardholders carry a ...

Make a list of your credit card debt, from the highest interest rate to the lowest. Decide how much extra you can spare. First, focus on the credit card with the highest interest rate and continue ...