Paying only the minimum keeps your card current, but it can trap you in debt for years and cost thousands in interest.

The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.

Wondering how many credit cards you should have? Learn the right number for beginners, rewards enthusiasts and those who ...

As part of a series of efforts to make life more affordable, President Donald Trump aims to help Americans with credit-card ...