Credit Card Debt

Bankrate's Latest Credit Card Debt Articles

• How to break the credit card debt cycle

  Come up with a plan to pay off your credit card debt and save as much money as you can on costly interest charges.

  4 min read Mar 22, 2022

  

• Residual interest: What you need to know

  If you’re carrying a balance on your credit card, residual interest can easily sneak up on you when trying to pay it off.

  4 min read Mar 21, 2022

  

• Can credit card companies garnish wages?

  Wage garnishment is one of the final steps in the debt collection process.

  4 min read Mar 18, 2022

  

• How to get rid of credit card debt

  Eliminating credit card debt might take time, but it’s an achievable goal. Here are some strategies to reduce debt, lower your interest rates and begin your journey towards a debt-free life.

  3 min read Mar 16, 2022

  

• What is a balance transfer fee? Here is everything you need to know

  Learn about balance transfer fees and how they affect your payments.

  5 min read Mar 11, 2022

  

• Is closing a credit card bad?

  Closing a credit card can hurt your score by reducing your available credit and increasing your credit utilization ratio.

  6 min read Mar 08, 2022

  

• Is paying off debt the best use of your tax refund?

  If you get a big tax refund this year, consider using it to pay down your debt.

  5 min read May 11, 2021

  

• How to do a balance transfer with Citi

  Find out everything you need to know about transferring a balance with Citi.

  7 min read Jan 31, 2022

  

• Debit vs. credit: What’s the best way to pay?

  Use this guide and think twice before deciding which payment type is best next time you’re in the checkout line.

  8 min read Jan 27, 2022

  

• What debts can you transfer to a credit card?

  What debts can you transfer to a credit card?

  4 min read Jan 27, 2022