Paying only the minimum keeps your card current, but it can trap you in debt for years and cost thousands in interest.

The number of people making minimum payments on their credit cards reached a record high in Q4 2024. Growing debt can feel overwhelming, but help is available. Working with a debt management company ...

Credit card loan delinquencies and account balances have been trending upwards across the state of Ohio and the nation. But there’s another possible sign that people are struggling with credit card ...

A $20,000 credit card debt may be more common than you think — but that doesn't make it any less urgent.

Minimum payments can keep you trapped in debt for 15+ years while banks profit. Making only the minimum payment on your credit card might seem like a manageable approach to handling debt, especially ...

Every credit card bill includes a minimum payment warning — required by law — that shows how long it will take and how much it will cost to pay off your balance if you only make the minimum payment.

Do you feel like you’re on a debt treadmill? You faithfully make your credit card minimum payments each month. Yet no matter how long you’ve been doing this, it seems your debt rarely goes down. More ...

A large number of Americans have been struggling to make ends meet right now — and that's especially true for those carrying credit card debt. Case in point? The latest Large Bank Credit Card and ...