All articles tagged: “Credit Card Debt”

(20 total)

Guide

11,362 views

9 min read

What is a Debt-to-Credit Ratio? A Guide to Understanding and Improving Your Credit Utilization

What is Debt-to-Credit Ratio? A Guide to Credit Utilization

Financial terminology can sound like a secret language, and sometimes it makes me feel as if I just walked into an economics lecture. When... read more »

Eric Bank

By: Eric Bank • 9/3/24

Blog

100,000+ views

5 min read

The Tally App Helps Consumers Automate Credit Card Payments to Pay Down Debt Faster

Tally Automates Credit Card Payments to Pay Down Debt Faster

The Tally app aims to help consumers with outstanding debt strategize paying off their credit cards more efficiently. Tally users... read more »

Jon McDonald

By: Jon McDonald • 10/14/21

Study

100,000+ views

5 min read

2017 Statistics Show Average Credit Card Debt Rising in American Households

The Average Credit Card Debt is Rising in American Households

Already approaching 7.5 billion halfway through 2017, the world population is projected to top the 8 billion mark around 2023. In the US alone, a... read more »

Brittney Mayer

By: Brittney Mayer • 7/28/17

Blog

100,000+ views

5 min read

Reports from TransUnion and Nerdwallet Show Consumer Credit Card Debt Levels at Highest Point Since Recession

TransUnion and Nerdwallet Reports Show Consumer Debt Levels Rising

Though few would be surprised to learn credit card debt levels hit their highest point of the last 15 years during the Great... read more »

Brittney Mayer

By: Brittney Mayer • 3/30/17

Guide

100,000+ views

3 min read

What is Credit Consolidation?

What is Credit Consolidation?

There’s no shame in not knowing financial jargon or not being sure how certain concepts work in the financial world. If you’ve never encountered... read more »

Linsey Knerl

By: Linsey Knerl • 3/1/17

Guide

100,000+ views

5 min read

6 Things to Know About a Good Debt-to-Credit Ratio

6 Things You Should Know About a Good Debt-to-Credit Ratio

As with many complex fields, a lot of jargon exists in the world of finance (because, you know, that’s what complicated subjects need — a lot of... read more »

Brittney Mayer

By: Brittney Mayer • 1/4/17

Study

100,000+ views

1 min read

Credit Card Debt To Rise $55.8 Billion By 2016

Credit Card Debt To Rise $55.8 Billion By 2016

You’ve been reading BadCredit.org all year, working on paying off your debt as our how-to guides help you achieve financial freedom. Great job!... read more »

Logan Ladnyk

By: Logan Ladnyk • 6/11/15

Guide

100,000+ views

1 min read

Should I Pay Off My Credit Cards or Save Money? 4 Things to Consider

Should I Pay Off My Credit Cards or Save Money? 4 Things to Consider

So you’ve got a little bit of extra cash and are wondering how to make the best use of it. Should you put it toward your long suffering savings... read more »

Mike Randall

By: Mike Randall • 1/29/15

Blog

100,000+ views

1 min read

How Did These 10 States Get the Most Credit Card Debt?

How Did These 10 States Get the Most Credit Card Debt?

Earlier this week Credit.com reported the top ten states with the most credit card debt.  While Q3 data shows the average credit card balance... read more »

Stefanie O'Connell

By: Stefanie O'Connell • 12/12/14

Blog

100,000+ views

1 min read

Owing Small Amounts On Your Credit Card Can Be OK; Here’s Why

Owing Small Amounts On Your Credit Card Can Be OK; Here’s Why

Credit utilization – the percentage of available credit that has been borrowed – is the second biggest factor in determining your... read more »

Stefanie O'Connell

By: Stefanie O'Connell • 11/11/14

Study

100,000+ views

1 min read

Americans Rate Credit Card Debt as Worst Topic to Discuss with Strangers

Americans Rate Credit Card Debt as Worst Topic to Discuss with Strangers

If you’re meeting someone for the first time and trying to come up with a topic for conversation, don’t bring up credit card debt. According to a... read more »

David Andrew

By: David Andrew • 10/27/14

Study

100,000+ views

1 min read

Credit Card Debt vs. Weight: Which Do Americans Find More Embarrassing?

Credit Card Debt vs. Weight: Which Do Americans Find More Embarrassing?

American consumers are still addicted to credit, buried in debt and embarrassed about it, according to recent data published by the U.S. Federal... read more »

Mike Randall

By: Mike Randall • 10/6/14

Blog

100,000+ views

3 min read

Pay Off Your Credit Cards Faster with the Debt Quencher App

Pay Off Your Credit Cards Faster with the Debt Quencher App

Debt Quencher is a no-nonsense program that helps you visualize your credit card debt and develop your very own payoff plan. Its... read more »

BadCredit.org Staff

By: BadCredit.org Staff • 9/8/14

Study

100,000+ views

1 min read

Credit Card Debt Nearing 14% Increase Since 2012

Credit Card Debt Nearing 14% Increase Since 2012

A recent credit card debt study shows U.S. consumers continue to pay off credit card debt at a rate of $32.5 billion in the first quarter of... read more »

Mike Randall

By: Mike Randall • 6/23/14

Study

100,000+ views

1 min read

CARD Act Saved Credit Card Holders $20 Billion

CARD Act Saved Credit Card Holders $20 Billion

The Credit Card Accountability Responsibility and Disclosure, or CARD Act, was ratified by Congress and signed into law by President Obama in... read more »

Mike Randall

By: Mike Randall • 1/13/14

Study

100,000+ views

1 min read

Study: Credit Card Debt Higher for African-American Middle Class

Study: Credit Card Debt Higher for African-American Middle Class

The middle class in American society has been dramatically affected by the recent credit crisis and subsequent economic challenges. The segment... read more »

Mike Randall

By: Mike Randall • 12/30/13

Blog

100,000+ views

1 min read

3 Ways We Got Out of Credit Card Debt

3 Ways We Got Out of Credit Card Debt

When my husband and I got married, we realized a few weeks after our wedding that between the two of us, we had approximately $45,000 in debt,... read more »

Erika Blaska

By: Erika Blaska • 10/2/13

Study

100,000+ views

1 min read

Credit Card Debt Likely to Increase Among Young Americans

Credit Card Debt Likely to Increase Among Young Americans

Credit card debt is becoming an increasingly large problem for young Americans. According to a recent study out of Ohio State, the current... read more »

David Andrew

By: David Andrew • 7/22/13

Study

100,000+ views

1 min read

Study Suggests Students Should Have One Credit Card to Avoid Potential Debt

Study Suggests Students Should Have One Credit Card to Avoid Potential Debt

It seems like common knowledge we should avoid debt. Each generation goes through the process of accumulating debt, struggling to pay it off and... read more »

Steven Tumulski

By: Steven Tumulski • 7/11/13

Study

100,000+ views

1 min read

24% of Americans Have More Credit Card Debt Than Savings

24% of Americans Have More Credit Card Debt Than Savings

Many Americans are still in a tough spot financially. According to a recent survey, about one in four Americans has more credit card debt than... read more »

David Andrew

By: David Andrew • 6/20/13