Credit Card Debt News

Can't pay the bills? Worried about your lack of income, maxed out credit cards or extreme debt? The average American household is $15,191 in credit card debt, and that doesn't include student loans or home mortgages.

Most of us decide whether or not we borrow money for something based on whether or not we can afford to pay it off soon.

No matter what they're learning in school, most young Americans are lost when it comes to managing their money.

Financial Solutions Consumer Group an A rated BBB company has created a debt relief program that promises the very best in debtor support and solutions, coupled with a performance guarantee and a legal assistance plan Boca Raton, FL, United States of America / ACCESSWIRE / July 24th, 2014 / The financial crisis of 2007 is still being felt seven ... (more)

That conclusion, one held by a growing number of economists, might surprise many people.

The average U.S. household credit card debt is just over $7,000, according to a Federal Reserve analysis.

Discover Financial Services' net income grew 7 percent in the second quarter as credit card spending and overall loans increased from a year ago.

My wife and I have $25,000 in credit card debt, $2,500 in medical bills and $89,000 each in student loan debt from when we each got our masters' degrees.

SAVVY Australians are stashing cash in droves and the biggest motivation behind doing so is to pay for a holiday or save for a rainy day.

Candidate Rinesmith promotes volunteerism, managerial knowledge Tim Rinesmith, a Gilbert Town Council hopeful, says a bankruptcy came with the recession.

DON'T book flights for a Friday afternoon. And always get groceries on Monday. Save cash by shopping smarter, not shopping less.

This winter 2010 photo provided by Jim Breitinger shows Breitinger and his dog Jake as they play in the snow after a day of skiing in East Canyon, near Park City, Utah.

I hate to budget. Or, to be honest, I've never actually had a budget that I could stick to.

Your credit report is a record of many your finance-related activities, including activity with credit card accounts and loans.

You just got an extra $1,000 from a bonus, tax refund, inheritance, or some other windfall.

But financial freedom isn't always about great riches. For some, it can be as simple as getting a bit more breathing room from financial constraints like their rent, car payment and other living expenses.

A friend of mine is the comptroller of a small corporation. As such, she is required to handle all aspects of that company's finances, including payroll.

Many families have racked up more credit card debt after they've used home equity borrowing to pay off existing balances.

There's no doubt about it: The credit scoring system we use in the United States is complicated.

The housing market has done extremely well over the past couple of years, with the average U.S. home price up about 27% since bottoming in early 2012.