I have $12,000 in credit-card debt due to multiple home and auto repairs and a large medical bill. Because of a downturn in ...

Many are still paying off last year's holiday debt even as they spend for this year. 2 News' Cathy Tatom has expert advice ...

Have an issue with your financial planner or looking for a new one? Email questions or concerns to [email protected].

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

CHICAGO (WLS) -- After record pandemic spending lows in 2020, U.S. consumers have started to return to bad habits when it comes to credit card debt. Consumers added a total of $87.3 billion in new ...

When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s ...

HAVE A BREAKDOWN OF THE SIMPLE STEPS YOU CAN TAKE TO START PAYING DOWN YOUR BALANCE. I STARTED TO FEEL THE CRUNCH WHEN I STARTED TO USE CREDIT CARDS FOR JUST DAILY ESSENTIALS. FOR JENNIFER PAEZ, MORE ...

Household debt just hit a new all-time high. Here's how to slash your high-rate card balances before they spiral.

Using a tax refund to pay down high-interest credit card debt can save you money and improve your credit. Making a plan for all of your cash windfalls, including tax refunds, can help you maximize ...

Got credit card debt? Want to pay it off? Oddly enough, another credit card might just be your best bet. It’s one of the stranger ironies in personal finance: Credit cards carry some of the highest ...

When debts go to collections, the balance can suddenly grow. Here's why that happens and what you should do next.