According to a 2025 credit card survey from Debt.com, 1 in 3 Americans rely on credit cards to make ends meet, with 32% ...

Paying off credit card debt would certainly qualify as a "need," but you can also leave room for other priorities, Burnette ...

As Americans continue to manage high debt, Experian releases findings from a national survey on how Americans are best ...

Many people find themselves in debt at some point and can find their way out. Once you have the full picture of your debt, it’s time to decide on a payoff strategy. Debt consolidation — the process of ...

How to stay motivated to pay off debt. Debt payoff motivation tips and strategy to create a debt payoff plan and stick with it! Free Debt Payoff Tracker and budgeting ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Rajeev Dhir is a writer with 10+ years of experience as a journalist with a ...

Key takeaways High debt levels can lead to increased stress and anxiety, pessimism about the future and a diminished social life. Creating a plan to pay down debt can improve your emotional outlook.

Is it possible to become debt-free in one year? Some people have low enough credit card balances that they can become ...

Visit americanexpress.com to learn more. In 2014, Michael Lacy and his wife set a goal of paying off $21,000 of credit card debt in one year. But eight months into the journey, he was laid off ...

Those striving to be debt free have to manage their expectations and emotions, says Melkumian, since some will not be able to immediately afford buying a house or new car after paying off their debt.

You can use these loans to combine multiple unsecured debts into one fixed monthly payment, which makes the debt much easier to pay off. Debt consolidation loans are a particularly smart choice ...

Being behind on your bills could negatively affect your credit score. Credit behavior is a primary factor in how scoring ...