credit card debt

Q. I have several outstanding credit cards bills. What is the best way to go about paying them off? And are credit counseling agencies advisable to used?

Credit card debt can be extremely difficult to escape, and according to a new report from Bankrate.com, that debt outweighs savings for nearly a quarter of U.S. consumers.

Nearly one in five Americans who carry debt do not believe they will ever pay it off according to a new report by CreditCards.com. That is double the 9 percent who said the same thing when asked in May 2013.

Credit card balances grew in May by 2.5 percent, according to the Federal Reserve, extending a 12 percent surge the month prior.

A new report shows Americans are on track to increase credit card debt substantially this year.

Financial issues appear to strike a more sensitive nerve than any other personal topic, according to a recent survey from the National Foundation for Credit Counseling.

If you are carrying debt of any kind, this may be the time to pay it off.

The economy is improving, but Americans are still finding it hard to save money.