Five years ago, Taylor Gothard, 41, and his spouse found themselves staring at $100,000 in credit card debt spread out over 17 maxed-out credit cards. When it comes to debt like this, they’re not ...

Credit card debt reached a record high in November 2023, highlighting the economic pressures consumers face as they increasingly rely on credit cards amid rising costs. Maxing out a credit card can ...

I've seen plenty of financially responsible people max out a credit card. Whatever the reason, the moment you swipe and hit that limit, things change. And not just in ways you can see. Sure, you know ...

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Maxing out a credit card means charging purchases on it until the balance is at the card's credit limit. In addition to potentially costing you hundreds or thousands of dollars in interest on the high ...

Credit utilization is calculated by dividing the balance by credit limit for each card and for all cards together. Many, or all, of the products featured on this page are from our advertising partners ...

You made a practical move by taking out a home equity loan to pay off your high-interest credit card debt. But now you've got a major home expense staring you in the face, and you’ve used all the ...

In April 2025, Freedom Debt Relief reviewed data from tens of thousands of people actively looking for help with their debt. The numbers might be surprising. About one in four has at least one account ...