But skipping 401(k) contributions means missing out on long-term growth and, for many, 'free' money from their employers. So should you pay off credit card debt first or invest for the future?

“You may want to add to your income or reduce spending, so you can free up as much cash as possible,” Sandberg concluded. And it isn’t just credit card debt that is spiking. According to new ...

Many Americans know just how difficult it is to escape the credit card debt spiral. Americans now owe a record $1.18 trillion on their credit cards, according to figures released this week by the ...

Tracy Schultz is now debt-free and says help is available. A few years ago, Tracy Schultz was drowning in credit card debt. The Massachusetts resident said she was going through a breakup and ...

“You may want to add to your income or reduce spending, so you can free up as much cash as possible,” Sandberg concluded. And it isn’t just credit card debt that is spiking. According to new data from ...

Household debt hit a record $18.2 trillion in the first quarter: NY Fed Student loan delinquency rates surged as reporting resumed Credit card balances fell in Q1 following holiday spending spree ...

Tim Maxwell is a freelance writer who covers investing, real estate, banking, credit education and other personal finance topics. Credit card interest rates remain high right now, driven up, in ...

This tension raises an important question: Should you still consider credit card debt forgiveness — also known as debt settlement — when the economy appears to be on the mend? Here's what to ...

Americans tidied up their household balance sheets to start 2025, cleaning up some credit card and auto loan debt, new data showed Tuesday. However, the debt outlook for millions of student loan ...