Americans' credit card debt breaks records as household debt climbs to new heights. Fed data shows concerning trends in auto ...

The math backs her up. If you have an average credit card balance of around $6,600, a 20% interest rate and only make the ...

If your credit card debt is out of control, the trick to getting back on track could be finding the right expert.

According to a recent survey, 40% of Americans with credit card debt are under the impression that making minimum payments is an effective way to manage their debt.

Thus, they are considered bad debt. "High-interest credit card debt is often considered 'bad debt' because it is typically used to purchase items that lose value over time, such as clothes or ...

Steps to use a credit card responsibly Making a budget for your spending is the best way to ensure you won't fall into debt. Treat your credit card like a debit card by spending only what you can ...

Our opinions are our own. A low interest credit card saves you money by reducing the cost of debt: When you're paying less in interest, you can pay back what you've borrowed more quickly.

But exercise caution: When not used responsibly, debt can spiral out of control. Learning how to use a credit card so that it works for you—rather than letting it take control of your life—is ...

U.S. Bank and Bank of America cards are currently not available on CNBC Select and links have been redirected to our credit card marketplace where you can review offers from other issuers like ...

Discover cards are currently not available on CNBC Select and links have been redirected to our credit card marketplace where you can review offers from other issuers like American Express or Chase.

Robin has worked as a credit cards, editor and spokesperson for over a decade. Prior to Forbes Advisor, she also covered credit cards and related content for other national web publications ...

Our opinions are our own. SOME CARD INFO MAY BE OUTDATED This page includes information about the Bank of America® Premium Rewards® credit card, currently unavailable on NerdWallet. The ...