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

If you have credit card debt and you also have savings, you’re likely wondering whether or not you should use those available funds to pay off your balances.

How does credit card debt affect your credit score? Mainly through utilization and payment history. Learn how high balances hurt and how paydown helps.

Can you still use your credit card after debt consolidation? Usually yes — but it depends on the method. See which options keep cards open and which close them.

Why does your credit card minimum payment keep rising? Your balance, APR or fees went up. Learn how the minimum is calculated and how to bring it back down.