Americans are carrying more than $1.23 trillion in collective credit card debt as of late 2025, at a time when average credit card APRs also hover above 20%. And, as the interest charges are tacked on ...

The U.S. government’s gross national debt – the total amount of money owed its creditors and other financial obligations – hit a record high of more than $38 trillion on Oct. 22, the Treasury ...

Writing at the Huffington Post, Rep. Karen Bass makes the case for a comprehensive fix to the student-loan debt crisis. For one thing, student-loan interest rates will double on July 1 from 3.4 ...

Money expert Dave Ramsey has long championed his “7 Baby Steps” as the roadmap to financial freedom. According to his plan, you should pay off all non-mortgage debt and fully fund an emergency savings ...

Americans collectively owe more than $18 trillion in debt, according to Experian. If you are trying to get out of debt, you know the task can feel like an uphill battle. Find out how your level of ...

Nearly 175 million Americans carried credit card debt into the holiday season, according to TransUnion data. With balances averaging more than $6,500 and APRs hovering around 23%, clearing the ledger ...

Mr. Ngarmboonanant is a managing director at J.P. Morgan and was a deputy chief of staff to Treasury Secretary Janet Yellen. Many Americans have heard that they should worry about the staggering size ...