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

So you haven’t been sticking to your resolutions. Here’s how to reset and crush the next 11 months.

Don’t let imperfection impede your progress toward your 2023 goals.

5 min read Jan 26, 2023
Achieve New Year’s goals with these cards

Earn credit card rewards on spending you’re already doing.

6 min read Jan 25, 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
5 realistic New Year’s goals for people with credit card debt

Here’s how to come up with an achievable credit card payoff plan.

4 min read Jan 12, 2023
Recession-proof your finances, pay off credit card debt now

Paying off your credit card debt now can make you more financially resilient later.

5 min read Jan 05, 2023
Student credit card debt statistics

Building credit in college is a great idea — if you can avoid unnecessary debt.

5 min read Dec 21, 2022
The history of credit cards

Credit cards have a long history, dating back to ancient civilizations.

6 min read Dec 20, 2022
Best debt relief options for credit card debt

Need credit card debt relief? Consider debt consolidation, debt management, debt settlement, or bankruptcy.

8 min read Dec 09, 2022
How would credit card issuers react to a recession?

A recession appears increasingly likely; here’s what it could mean for the credit card industry.

5 min read Nov 04, 2022
Scary financial situations and how to avoid them

Here are a few scary financial situations to be mindful of — and how to avoid them.

4 min read Oct 28, 2022
Can I get back fees for unfiled bankruptcy?

Learn whether or not it’s possible to get an advance fee refunded from a lawyer.

4 min read Oct 12, 2022
How to recover from credit card delinquency

Delinquency can have a rough impact on your credit, but it’s possible to recover.

5 min read Oct 10, 2022
Credit card trends in 2023

Here are some credit card industry trends we anticipate in 2023.

5 min read Oct 10, 2022
Can you go to jail for credit card debt?

You won’t necessarily go to jail for credit card debt, but you may end up in court.

4 min read Aug 04, 2022
What young adults wish they knew about money sooner

Personal finance doesn’t have to be trial and error. Here are six tips young adults wish they’d known earlier in life.

6 min read Jun 22, 2022
Guide to credit card minimum payments

Learn why it’s a good idea to pay more than the minimum every month, if you can.

5 min read May 25, 2022
How to negotiate a debt settlement

You can negotiate with your creditors to settle your debt by paying a lump-sum amount that’s less than what you owe. Here’s how.

6 min read Apr 25, 2022
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 20, 2022
What to do when you get sued for credit card debt

What to do when you’re sued for credit card debt, including how to settle credit card debt before going to court.

5 min read Mar 31, 2022
What is a 1099-C Cancellation of Debt form?

In most cases, you have to report canceled debt as ordinary income on your federal tax return. That’s where a 1099-C form comes in.

5 min read Mar 29, 2022

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