Consolidate credit card and other high-interest debt.

Carrying a credit card balance from month to month usually means getting hit with steep interest charges. The average credit card interest is more than 22%, making it even more expensive to carry ...

Credit card debt has reached staggering heights in America, with borrowers now carrying over $1.23 trillion in balances on their credit cards, up from a total of $1.21 trillion just a few months ago.