Save Money While Paying Off Credit Card Debt, Experts Say
Financial experts say you can tackle credit card debt and build savings at the same time. The secret is budgeting strategically so unexpected expenses don't trap you in a cycle of more debt.
Search
Find uplifting stories about heroes, innovations, and solutions
4491 results for "credit card debt"
UK Bank Helps 16 Million Access Credit With New Card
Monzo just launched a new credit card that helps people with poor credit scores build their way back to financial health. The deposit-backed card gives 16 million struggling UK borrowers a real path to affordable credit.
Indian Students Build Credit Scores Before First Jobs
College students in India are using new student credit cards to build financial histories years before entering the workforce. Banks now offer zero-fee cards backed by small deposits, helping young people learn money management while establishing credit scores that matter for future loans.
Camper Returns Alice Cooper's Credit Card Before World Tour
A family camping in Arizona found rock legend Alice Cooper's credit card at a gas station and went the extra mile to return it. The timing couldn't have been better—Cooper was leaving for a five-week European tour the next day.
Oregon Slashes Medical Debt With 2019 Hospital Law
A 2019 Oregon law requiring nonprofit hospitals to forgive or reduce medical debt for low-income patients has saved nearly 900 people per county from debt collectors. The policy is now being called a national roadmap as millions face losing health coverage.
Snapchat CEO Erases $550M Medical Debt for 261K Californians
Evan Spiegel and Miranda Kerr just wiped out half a billion dollars in medical debt for over 260,000 California families. Thanks to a nonprofit that buys debt for pennies on the dollar, recipients will open letters this July telling them their medical bills are completely forgiven.
70-Tool Titanium Card Deck Fits in Your Pocket
A UK company created a five-card magnetic multitool system that packs up to 70 functions into a space smaller than a credit card. Each titanium card tackles different needs, from everyday fixes to emergency situations.
North Carolina Erases Medical Debt for 2.5 Million People
When Dawn Daly-Mack opened what looked like junk mail, she learned her $459 hospital bill from 2014 had been forgiven. She's one of 2.5 million North Carolinians whose medical debt just vanished under a groundbreaking state agreement.
NSW Lets 1M Students and Seniors Use Cards on Transit
Nearly one million students and pensioners in New South Wales can soon tap their credit cards and phones on public transport, ditching physical Opal cards for good. The digital upgrade makes it easier to claim discounts and free rides when hitting weekly fare caps.
Netherlands Gives 760,000 Students €2,000 Debt Relief
The Dutch government is wiping out an additional €2,000 in student debt for 760,000 young people who studied during an eight-year period without grants. It's the final compensation for what became known as the "hard luck generation."
Maharashtra Expands Farm Debt Relief to Help More Families
Millions of Indian farmers just got a lifeline as Maharashtra increased debt forgiveness from $600 to $2,400 after legislators listened to those left behind. The change means families who received earlier help but fell back into debt can now rebuild without turning to dangerous loan sharks. ##
Snapchat CEO Erases $500M in Medical Debt for 250K Families
More than 250,000 Californians will open their mailboxes to discover their medical debt has vanished, thanks to Snapchat CEO Evan Spiegel and supermodel Miranda Kerr. The couple quietly wiped out over $500 million in crushing medical bills so families can focus on healing instead of debt.
Nonprofit Erases $6.5M in Medical Debt for 97K in Connecticut
Nearly 100,000 Connecticut residents just got letters saying their hospital bills are paid off. A nonprofit called Undue Medical Debt eliminated $6.5 million in overdue medical expenses without anyone having to apply.
New Tax Credit Gives Parents $1 School Choice in 2027
Starting in 2027, American families can direct their tax dollars to help students attend schools that match their values and needs. The Education Freedom Tax Credit lets citizens earn dollar-for-dollar credits for donations to scholarship organizations.
Ghana Pharmacists' Credit Union Slashes Loan Rate to 15%
Pharmacists in Ghana just got a major financial boost as their credit union cut loan rates from 25% to 15%. The move will make it easier for nearly 5,000 members to afford business loans and personal credit.
Nigerian App Cardtonic Now Offers 100+ Local Gift Cards
Nigerians can now buy gift cards from over 100 local brands in one app, replacing the hassle of downloading separate apps for each store. Cardtonic, known for international gift card trading, just made everyday shopping and gifting much simpler.
Luke Combs Raises $150K for Kids' Hospital Opening Cards
Country star Luke Combs turned his new hobby of collecting sports cards into a fundraising powerhouse, donating over $150,000 to Indiana's only specialty children's hospital. His "Packs for Purpose" initiative combines live card-opening events with charity, and he's taking it nationwide.
Oregon Credit Union Awards $77,500 in Student Scholarships
SELCO Community Credit Union is opening applications for nearly $80,000 in scholarships for Oregon students, including high schoolers, vocational learners, and adults returning to finish their degrees. The program reflects a teacher-founded credit union's 90-year commitment to education.
Volvo EVs Now Charge Without Cards or Apps
Volvo just solved one of electric car owners' biggest headaches: fumbling with credit cards and apps at charging stations. The new EX90 and upcoming EX60 let drivers simply plug in and walk away.
%2Ffile%2Fattachments%2Forphans%2FiStock-1484979494_331726.jpg)
Zambia's $600M Deal Links Debt Relief to Power Grid Upgrade
Zambia is turning expensive debt into electric grid improvements through a groundbreaking $600 million deal that could reshape how African nations finance development. The country is buying back costly bonds and committing $275 million to modernize its power system over 15 years.
Showing 20 of 4491