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According to the Federal Reserve Bank of New York’s latest Quarterly Report on Household Debt and Credit, total U.S. household debt rose to $18.04 trillion in the fourth quarter of 2024. The average ...

Looking for a way to tackle your debt? Unsure of the best order in which to pay things? A free online tool called PowerPay.org might give you the direction that you need. PowerPay is a very basic debt ...

Americans aren’t strangers to debt. The average consumer owes a little over $6,000 on credit cards, per the Federal Reserve, which is problematic given the rate at which credit card interest can ...

Debt repayment apps can reduce stress and help users understand their finances to make better decisions. Most debt payoff apps are free or have a low-cost version. Be sure to select a debt payoff app ...

Paying off debt takes focus, but it does not have to mean living without joy. People who reach debt freedom quickly often share one thing in common. They master small, repeatable habits that save ...

Credit card debt is expensive and potentially bad for your credit score. The most cost-effective method for paying it off is typically the debt avalanche strategy.

If you feel overwhelmed thinking about debt, you’re not alone. Nearly four in 10 Americans say they don’t feel very confident in their ability to create a plan to get out of debt, according to the Pew ...

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Managing debt can feel overwhelming at any age, but even more so as you get older or enter retirement. If you're looking at your credit card statements or loan payments and wondering about the best ...

Here's a concerning stat: Americans owed $1.18 trillion in credit card debt in the first quarter of 2025, according to Motley Fool Money research. If you're adding to that number, though, fear not -- ...