Midway through the first quarter of 2026, American households are carrying record-breaking credit card debt. Once a quick and easy fix for simple expenses, it has had to turn into a financial lifeline ...

“We’ve been aggressively paying down our credit cards.” ...

Lines of credit and credit cards are both forms of revolving credit. You can expect more flexible payment terms with a line of credit, while credit cards tend to offer greater convenience and rewards.

According to the J.D. Power 2025 U.S. Credit Card Satisfaction Study, 53% of cardholders are currently carrying revolving debt, and 56% are classified as financially unhealthy. While these percentages ...