Americans are carrying $1.26 trillion in credit card debt as of mid-2026, just shy of the all-time record set at the end of last year, and with the average card that carries a balance charging more than 22% interest, more households are hunting for a cheaper way out.

If you are juggling balances on three or four credit cards, each with its own due date, minimum payment, and interest rate north of 20%, you already understand the problem debt…

Anyone juggling three or four credit card bills has probably seen an ad promising to roll them all into one lower monthly payment.

Americans are carrying $1.26 trillion in credit card debt as of mid-2026, just shy of the all-time record set at the end of last year, and with the average card that carries a…