Credit Card Debt: How To Manage, Consolidate and Pay Off Balances

Weigh the pros and cons of credit card forbearance — pause payments and protect your credit, but watch for growing interest and a balance that doesn't shrink.

When high interest rates make it harder to make meaningful progress, a personal loan may provide an opportunity to consolidate debt and create a payoff plan.

Before you apply for a new balance transfer credit card, it’s important to understand which debts you can move and where restrictions may apply.

With the right strategy, you can start making steady progress and work toward getting your credit card debt under control. Here's what you need to know.