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I have credit card debt I can’t get rid of – should I use my savings to pay it off?
Insights Credit card debt can quickly be overwhelming. This Redditor has the money to pay off the debt. Ultimately, this person will pay more in credit card interest than she earns with her savings ...
Those with credit card debt often suffer in silence, embarrassed by their financial circumstances. Chances are, though, someone close to them is or has been in a similar position. In fact, according ...
Being sued over credit card debt is stressful, but by responding promptly, verifying the debt's validity, understanding your ...
Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago. However, that ...
Financial educators bust three common myths about credit card debt — and explain why these negative assumptions can hold us ...
Here's a concerning stat: Americans owed $1.18 trillion in credit card debt in the first quarter of 2025, according to Motley Fool Money research. If you're adding to that number, though, fear not -- ...
Personal loans are popular options for credit card debt consolidation. Replacing revolving credit card debt with an installment loan can help you pay less interest and clear balances sooner. By ...
Anna Newell Jones went on a "spending fast" to pay off her mounting debt. — -- When Anna Newell Jones got married in May 2009 there was a hitch: Her husband was ready to have and to hold her but ...
For retirees relying on Social Security, any amount of debt can feel like a heavy weight that can't be managed over the long term. These retirement benefits are designed to cover basic living expenses ...
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