His declaration requires congressional approval to become law and could restrict some consumers' credit availability.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Things can get even tougher, though, when you're carrying a ...

While carrying a balance on your credit card should never be your first choice, it's growing increasingly unavoidable for many Americans. The most recent New York Fed report on household debt and ...

It's the time of year when even the best-laid budget plans get thrown aside, and credit-card balances start climbing. During the holiday season, it's common to set expectations high, which can easily ...

According to a recent Bankrate survey, 46% of respondents said they carry a credit card balance from month to month. NPR's Life Kit debunks some common myths and gives advice about credit card debt.

People can feel a lot of shame about being in credit card debt. They think it means they're bad with money. That it's something to avoid, or a burden they can never pay off. Get a handle on your ...

Understand common debt repayment strategies you can use to pay off your balances and learn strategies for preventing further debt Many consumers carry higher credit card balances than ever, with ...

INDIANAPOLIS (WISH) — If you’re feeling overwhelmed by credit card debt, you’re not alone. Millions of Americans are in the same boat, swiping cards to cover basic needs and struggling to keep up with ...