With Credit Card Reduction Day approaching tomorrow, financial experts are urging consumers to evaluate their spending habits and create a plan to eliminate high-interest debt.

Even if you're not able to pay off the full statement balance on all of your credit cards, you should aim to continue paying ...

With credit card interest rates near record highs, you might feel like it’s impossible to pay down your debt. In early 2025, ...

Many Americans with credit card debt, especially high earners, lie about the amount they owe. The average credit card debt is $7,321 with an average interest rate of 21.4%, contributing to a national ...

Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.32%. The Federal Reserve also tracks U.S. consumers' average credit card interest ...

The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of local ...