How to pay off $20,000 in credit card debt

Credit card debt is often the most costly type of debt Americans can take on, largely due to the incredibly high interest rates many cards carry. On top of credit card debt being at a record high, the Federal Reserve’s January G.19 report found the average rate for credit cards that assessed interest was 22.30%…

Pacific Debt Relief for Debt Settlement: 2026 Review

SOME CARD INFO MAY BE OUTDATED This page includes information about these cards, currently unavailable on NerdWallet. The information has been collected by NerdWallet and has not been provided or reviewed by the card issuer. In this review, I’m going to cover how the settlement process works with Pacific Debt Relief, what pros and cons…

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Household debt crisis deepens as betting drains stretched budgets

Gambling is emerging as a silent but growing driver of household financial distress, deepening debt pressures as South African consumers grapple with rising living costs. According to DebtBusters, gambling activity is widespread among consumers seeking debt counselling, often diverting money away from essentials such as food, transport and debt repayments. In many cases, repeated spending…