Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Credit card debt has become a pervasive financial challenge ...

Debt consolidation could help you simplify payments and cut interest costs if you know which loans to consider.

Nearly half of American households have credit card debt and pay more than 20% in interest on their revolving balances. Even when the Federal Reserve cuts rates, those high APRs don't fall much.

It's possible to qualify for a credit card if you have bad credit, but expect more limited options, lower credit limits and higher rates. Secured credit cards are designed to help individuals with ...

A maxed-out credit card can lead to penalties and restrictions from your card issuer. Carrying a high credit card balance can tank your credit score. Paying off a maxed-out credit card should be your ...