Can you buy a home while carrying credit card debt?
You can, but a lot depends on credit utilization. Here’s what that means and how it factors into getting a mortgage.
4 min read
Nov 04, 2024
Credit Card Debt
Whether you’re looking for the right credit card payoff strategy, or researching debt relief, our resources can help.
Bankrate's Latest Credit Card Debt Articles
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5 Credit Card Payoff Tips From Experts at the Women in Money Conference
When female financial influencers get together, the high-quality advice is easy to come by.
5 min read Sep 19, 2024 -
How to tell if debt settlement is a good idea for you
Debt settlement is a risky way to lower debt but could be a good last resort.
9 min read May 01, 2024 -
How long does a bankruptcy stay on your credit report?
A bankruptcy will stay on your credit report for a number of years depending on when you actually filed as well as the type of bankruptcy.
4 min read Apr 30, 2024 -
Average credit card debt in the U.S.
American credit card balances rose to $1.13 trillion in the last quarter of 2023
4 min read Feb 14, 2024 -
Best credit cards after bankruptcy
Picking up a credit card after bankruptcy may seem like a huge risk, but this step could actually be crucial to your financial recovery.
7 min read Jan 25, 2024 -
The debt dilemma: Unveiling generational challenges amidst rising income
Learn to outsmart inflation and pay down your debt.
9 min read Jan 17, 2024 -
Achieve New Year’s goals with these cards
Earn credit card rewards on spending you’re already doing.
7 min read Jan 09, 2024 -
Survey: More cardholders carrying balances, credit card debt
More Americans are carrying more credit card debt than ever. The costs can be steep.
6 min read Jan 08, 2024 -
Tis the season to swipe: Where you live could impact your holiday credit card debt
Can where you live may affect how much debt you’ll take on this holiday season?
6 min read Dec 15, 2023 -
Buy now, pay later continues to surge — but is that a good thing?
Many Americans are using buy now, pay later this holiday season.
4 min read Dec 15, 2023 -
Should I put medical bills on a credit card?
Medical bills can be overwhelming, but credit cards may not be the solution.
6 min read Oct 26, 2023 -
72% of higher earners are in credit card debt for at least a year: What is the best way to attack your credit card debt?
As surprising as it sounds, high earners tend to carry debt longer. Here’s why.
6 min read Sep 27, 2023 -
2023 first-time credit card statistics
Here’s what first-time cardholders should know about credit cards.
9 min read Sep 19, 2023 -
Survey: Half of American cardholders now carry credit card debt, many with no plan to pay it off
More Americans are carrying more credit card debt than ever. The costs can be steep.
8 min read Aug 10, 2023 -
U.S. credit card debt reaches all time high, exceeds $1 trillion
Credit card debt reaches an all-time high in Q2 2023
2 min read Aug 09, 2023 -
How I paid off $20,000 in credit card debt without giving up my avocado toast
You don’t need to give up your avocado toast to pay off credit card debt.
5 min read Jun 26, 2023 -
Credit card statistics by race and ethnicity
Racial disparities persist in some Americans’ credit scores and debt balances.
6 min read Jun 07, 2023 -
How to pay off credit card debt in one year
Making only minimum payments could keep you in credit card debt for decades, but here are some strategies to become debt-free within a year.
4 min read Jun 02, 2023 -
More people are carrying credit card debt, and it costs more than ever
A trio of concerns are affecting credit card borrowers: More people are carrying debt, rates are at record highs and balances are way up, too.
3 min read Jan 20, 2023
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