Financial educators bust three common myths about credit card debt — and explain why these negative assumptions can hold us ...

The Federal Trade Commission logged more than 140,000 debt collection complaints in the second quarter of 2025, up from about 44,000 in the same period last year. Complaints are most common in Georgia ...

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a home that builds equity over time. A car loan can be considered bad debt ...

Americans collectively carried $1.13 trillion in credit card debt as of the third quarter of 2023, marking the highest level in more than a decade and surpassing the previous peak from 2008. This ...

In the case of Michelle and her husband, Ramsey and Cruze suggest they get a loan from a credit union to pay off the two cars ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

Tim Maxwell is a freelance writer who covers investing, real estate, banking, credit education and other personal finance topics. Credit card interest rates remain high right now, driven up, in part, ...

Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...

Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off ...

The Wells Fargo Reflect offers an intro APR on purchases and balance transfers for almost two whole years. Learn why else we ...

If you were hoping the Federal Reserve's recent rate cut, its first of 2025, was going to make your credit card debt easier ...