Learn what minimum monthly payments are on credit cards, how they impact interest and debt, and why paying more than the minimum benefits your financial health.

If you've ever owned a credit card before, chances are you're familiar with the term "APR," or annual percentage rate. For specifically credit cards, your purchase APR is essentially your interest ...

Several different strategies can help you get out of credit card debt — from payoff plans like the avalanche and snowball methods to consolidation products like balance transfer credit cards and ...

Got credit card debt? Want to pay it off? Oddly enough, another credit card might just be your best bet. It’s one of the stranger ironies in personal finance: Credit cards carry some of the highest ...

If you make a big purchase on a credit card, pay it off as fast as possible. Improving your credit score can be achieved by keeping your credit utilization percentage as low as possible. The hope is ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

These moves can help you avoid years of back-breaking interest.

Most people pay their credit card bill once a month. I do it every week. The main reason is because it keeps me in control. My wife and I put about $3,500 a month on our credit cards, so as the month ...