Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago. However, that ...

Get out of credit card debt faster with advice from Bank of America, because facing debt can be overwhelming, but with a strategic approach, it's possible to get out of debt faster than you imagine.

For retirees relying on Social Security, any amount of debt can feel like a heavy weight that can't be managed over the long term. These retirement benefits are designed to cover basic living expenses ...