Want to get out of credit card debt? Here’s how this couple paid off $27,000 in 18 months
This is how one couple successfully dug themselves out of nearly $27,000 in debt.
6 min read
Feb 20, 2025
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
-
-
What is the date of first delinquency on credit card debt?
Discover what the “date of first delinquency” on credit card debt means.
4 min read Feb 19, 2025 -
How to do a balance transfer with Chase
Find out everything you need to know about transferring a balance with Chase.
4 min read Feb 18, 2025 -
How to get out of debt with a low income
Before doing anything else, take a deep breath, sit down and determine what you owe and to whom.
7 min read Feb 12, 2025 -
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.
8 min read Feb 12, 2025 -
Can you go to jail for credit card debt?
You won’t go to jail for credit card debt, but you may end up in court.
5 min read Feb 10, 2025 -
How to break the credit card debt cycle
Learn about five ways in which you can break out of the credit card debt cycle.
4 min read Feb 07, 2025 -
10 credit card mistakes to avoid in 2025
Avoid these 10 credit card mistakes this year to make the best use of your credit.
9 min read Feb 03, 2025 -
How to get a business credit card with an EIN only
You may be able to apply for a business credit card using your EIN only.
7 min read Jan 30, 2025 -
5 reasons to pay more than the minimum on your credit card
Pay off your credit card faster by making more than the monthly minimum payment
6 min read Jan 30, 2025 -
Can you pay rent with a credit card?
Paying rent with a credit card can be a quick way to earn rewards, but beware of the risks before you decide.
9 min read Jan 24, 2025 -
How long can a debt collector pursue old debt?
Debt collectors will keep calling even after the bank stops. Here’s what to expect.
7 min read Jan 21, 2025 -
Survey: Nearly half of American credit cardholders still carry debt, many for at least a year
48 percent of cardholders are in debt, down slightly from earlier this year.
6 min read Jan 08, 2025 -
Can a credit card company come after my house?
If you own your primary residence, you may be wondering if creditors could get their hands on it.
4 min read Jan 02, 2025 -
Understanding credit card addiction and how to get help
The sooner you seek help, the sooner you can take steps toward recovery.
8 min read Dec 21, 2024 -
Can credit card companies garnish wages?
Wage garnishment is one of the final steps in the debt collection process.
4 min read Dec 17, 2024 -
Even credit card writers make mistakes. How I’ve gotten myself into (and out of) debt
Everyone makes mistakes, including credit card writers. It’s how you react that makes the difference.
5 min read Dec 17, 2024 -
5 ways a 0% APR credit card could actually hurt your credit
A 0 percent intro APR card can hurt your credit in some instances, so use it well.
3 min read Dec 06, 2024 -
What is debt management?
If you are overwhelmed with debt, a debt management program could provide relief.
5 min read Dec 05, 2024 -
What is a 1099-C Cancellation of Debt form?
You’ll receive a 1099-C form if a lender cancels $600 or more of your taxable debt.
6 min read Dec 05, 2024
The trusted provider of accurate rates and financial information