Outstanding credit card and other revolving debt decreased $13.7 billion, the most since early in the pandemic, after surging a month earlier. Non-revolving credit, such as loans for vehicle purchases and school tuition,

There are multiple ways to pay less interest on your credit card debt this year. Here are five to explore now.

Total U.S. credit card debt fell 12% at an annualized rate in November, a plunge not seen since the onset of the pandemic. High interest rates and tightening lending standards by banks may be preventing people from using credit cards, even if they want to.