Pursuing debt forgiveness could substantially reduce the $10,000 credit card debt you're dealing with. Here's how.

Whether you’re looking for your first credit card or you already have several, it’s not always easy to figure out how to choose the right credit card. With so many options available, it can be overwhelming to determine which credit card suits your needs.

Credit card networks allow banks to communicate with each other and process transactions. Visa, Mastercard, Amex, and Discover are the major U.S. credit card networks.

A secured credit card functions similarly to a debit card. However, you’re essentially relying on your cash deposit, which is what translates to your secured line of credit to make purchases.

See how we rate credit score services to help you make smart decisions with your money. Credit card defaults occur when you don't pay your bill for an extended period, usually 180 days. Defaults hurt your credit score as your bank closes your card and sends your debt to collections.

From good vs. bad rates to avoiding common pitfalls, credit card APR can significantly impact your financial health.

As reported by WalletHub, credit card debt was $1.30 trillion in August 2024, setting a new record. Despite surpassing the previous peak, it’s still $99 billion shy of the all-time high set in 2007. Although the Federal Reserve recently cut interest rates,