That said, if you’re only earning, say, a $70,000 annual salary, you may only have so much money to allocate to your debt.

According to a recent AARP report, 52 percent of adults ages 50 to 64 have credit card debt, along with 42 percent of those ...

We’re not in a recession (as of this writing, at least), but that doesn't mean people aren't stressed. A NerdWallet survey ...

According to a recent report, 52 percent of adults ages 50 to 64 have credit card debt. Nearly half of older people carrying a credit card balance owe $5,000 or more.

I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you ...

Another way to prepare yourself for a recession is to rethink your approach to debt. While debt can sometimes feel like an ...

This data is from the end of 2024, and consumers always carry more credit card debt during the holiday shopping season. Longer term: “Both credit card delinquency rates and the share of ...

Balance transfer credit cards offer 0% APR for an introductory period -- typically 12 to 21 months. That means you could have a year or more to pay off your debt with no interest. Balance transfer ...

He said people tended to hit financial stress when their unsecured debt crept above 10 to 15 per cent of their annual income. According to Otivo’s data, the national average credit card debt is ...

In Victoria, Selby tops the state and is one of the highest in the country for credit card debt, owing on average $54,000 per household. Port Melbourne has one of the highest Buy Now, Pay Later ...

But these highs, coupled with collective credit card debt hitting a record $1.21 trillion, "indicate greater consumer stress," according to the report. These are just the latest indicators that ...

However, "only paying the minimum will keep you in debt much longer," she says. The math backs her up. If you have an average credit card balance of around $6,600, a 20% interest rate and only ...