Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.

Debt consolidation allows you to combine debt from several credit cards into one payment. There are several methods available. Here's what you need to know.

Do millionaires pay off debt or invest? Learn more about the millionaire strategies for financial success and wealth ...

Achieve explains how understanding your DTI can give you an important edge when you’re looking for a home equity loan or ...

If you’re behind on your payments or have lost your source of income, speaking with your credit card provider is an important first step in managing your debt. By communicating with your ...

One major factor lenders consider when reviewing your mortgage application is your debt-to-income ratio (DTI ... Rent or mortgage Credit card balances Car loans, student loans, personal ...

Your debts can include not only mortgage payments but also credit card payments, student loans, and auto loans. How to calculate your debt-to-income ratio Let's say your monthly gross income is ...

For example, if you settled a $10,000 credit card debt for $4,000, the $6,000 that was forgiven might be treated as income on your tax return. In these cases, the credit card company will ...

Your back-end DTI represents the relationship between your income and all of your debt, including your mortgage payment and any other debt payments you have. For example, if you have credit card ...

Credit card interest rates ... way to reduce financial strain. "Debt forgiveness may be a smart option for seniors with high medical expenses, low or limited income or no significant assets ...

Americans' household debt levels, including credit card debt, rose to new all-time ... and have put pressure on consumers across the income and credit score spectrum," they wrote.

High interest rates are another factor behind elevated credit card debt levels, the researchers said. They added that income levels have been going up as debt is increasing, a positive sign for ...