How to free yourself from credit card debt

Has your balance gotten out of control? Personal finance experts have some solid tips and tricks to help you get on top of your credit card debt.

Credit card.
(Image credit: Illustrated | Gettyimages)

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America's credit card debt hit a new high in 2022. The credit bureau TransUnion revealed in the final quarter of the year that total U.S. credit card debt now stands at a record $930.6 billion, CNBC reports. It's expected that credit card delinquencies — which occur when a debtor is more than 30 to 90 days late on payment — will jump to their highest levels since 2010, according to Kiplinger.

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