"At the time, I just wasn't paying attention and didn't really understand how debt and interest worked," Sokunbi tells CNBC Select. When asked if she remembered what she maxed out her credit card ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

Credit card debt can easily creep up on you, but how much debt is too much? Learn about the warning signs your credit card ...

With one-third of respondents relying on credit cards to cover basic expenses - many having maxed out their limits FORT ...

2023 allows a $22,500 max 401(k) contribution, with $30,000 for those 50+ considering catch-ups. Maximize 401(k) contributions if stable financially, devoid of high-interest debt, and with an ...

Photo: Josephine Chu American consumers and their credit cards have helped the U.S. economy weather many rough moments. Now, as recession fears resurface, the worry is that they might be maxed out.

Americans have a lot of debt, it’s become a way of life for many, but while inflation and student loans remain key factors in what’s owed, something else is a multi-generational burden.