Learn what credit card debt is, its impact on your credit score, and strategies to manage it effectively. Improve financial decisions with our expert insights.
Many Americans with credit card debt, especially high earners, lie about the amount they owe. The average credit card debt is $7,321 with an average interest rate of 21.4%, contributing to a national ...
Total U.S. household debt rose to over $18 trillion in the first quarter of 2025, while credit card debt decreased. Only 51% of U.S. households spent less than their income in 2024, with 22% ...
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