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When you start a debt management plan, your credit cards are closed. In the short term, that does negatively impact your credit score, but once consumers finish paying down all the debt, they typically see a score increase of about 84 points.
Americans are struggling to keep up with their credit card payments and personal bankruptcies are rising — and it's starting to worry economists.
If faced with a sudden loss of income, more than half of Americans say they worry they wouldn't have enough savings to cover a month's living expenses.
The average store-only credit card charges 30.24% (up from 28.22% last year) while the average co-branded credit card charges 27.64% (up from 25.01% last year). These figures are well above the national average for all credit cards, which clocks in at 20.72%, according to Bankrate.
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
With average APR near 21%, now is the time to pay off credit card debt as it becomes costlier to carry.
The head coach of the University of St. Thomas' women's hockey team has resigned following an "incident," according to the school, which would not disclose the details of what occurred.
Multiple crashes have occurred on Twin Cities roads during Thursday morning's commute, with icy roadways and even some blowing snow reported as temperatures hover around freezing.
Overcast skies and northwest winds with gusts up to 35 mph will make the Twin Cities feel chilly on Thursday.
Ashley Dyrdahl, federally charged with purchasing straw guns for Shannon Gooden, will change her plea to guilty.
State regulators denied two-thirds of the applications seeking one of the initial "preapproved" licenses to operate a cannabis business in Minnesota, a spokesperson for the Office of Cannabis Management said by email.
The head coach of the University of St. Thomas' women's hockey team has resigned following an "incident," according to the school, which would not disclose the details of what occurred.
Multiple crashes have occurred on Twin Cities roads during Thursday morning's commute, with icy roadways and even some blowing snow reported as temperatures hover around freezing.
A former 3M scientist says she now believes executives knew PFAS were potentially harmful long before they shared that information.
Twin Cities Jewish leaders, including the mayor of Minneapolis, are calling for an event hosted by some of the city's teachers to be canceled.
Two Minnesota dancers, Savannah Jackson and Lily Anderson, take center stage in the Nutcracker in New York.
Multiple crashes have occurred on Twin Cities roads during Thursday morning's commute, with icy roadways and even some blowing snow reported as temperatures hover around freezing.
A woman in her 60s has been charged with fatally striking a person with her car back in July near Hibbing, according to documents filed Tuesday in Itasca County.
Authorities in central Minnesota are asking for the public's help in finding a 17-year-old boy who has not been seen since April.
The Metropolitan Airports Commission, which owns and operates the airport, expects crowds to peak on the Wednesday before Thanksgiving and the Sunday after.
WCCO weather alerts will help keep you in the loop when the weather takes a turn, with information regarding school closings.
The Wisconsin Supreme Court is grappling with a case affecting whether the swing state's nonpartisan top elections official can remain in her post despite not being reappointed and confirmed by the state Senate.
Documents say Steven Williams resigned from the Prescott, Wisconsin police force "in lieu of termination."
An attorney representing a conservative prosecutor struggled Monday to convince Wisconsin's liberal-leaning Supreme Court to reactivate the state's 175-year-old abortion ban.
Jennie-O turkey brand will display its float at Macy's Thanksgiving Day Parade for the fifth consecutive year.
Traffic is backed up on a major interstate in western Wisconsin Tuesday morning due to a crash.
A warm place to live may be taken for granted, but for a veteran taking over his family home, it's a gift.
Michael Fuller and Mahesh Mathew are finding purpose on Twin Cities running paths together.
One issue veterans face is finding a job after they finish their service. They have skills, of course, but they are not always valued as work experience. The University of Minnesota Medical School is hoping to change that.
Alan Vanhoever and Brian Neidt are honored to have served the United States. Both struggled with addiction for years before giving a specialized long-term program a try.
Retired Hugo Navy veteran Danial Daloia helps fellow veterans, first responders, health care professionals, dispatchers and more master the art form of woodworking. But it's more than that — to Daloia and his students, it's a form of therapy.
State regulators denied two-thirds of the applications seeking one of the initial "preapproved" licenses to operate a cannabis business in Minnesota, a spokesperson for the Office of Cannabis Management said by email.
If confirmed, this will be Russ Vought's second time as OMB director. He authored a chapter of Project 2025, a conservative blueprint for a GOP administration.
On Tuesday, Sherburne County officials announced that a hand recount will be done in the race for Minnesota House District 14B.
PFAS are forever chemicals used in everyday items like nonstick pans, dental floss and food packaging that can build up in our bodies and harm our health.
Linda McMahon is a co-chair of President-elect Donald Trump's transition team and was the Small Business Administrator in his first term.
"We literally walk in and dust off the jackets because they have been sitting for a while," she said.
Thieves capture radio signals from your key fob by using a device that grabs that fob's signal, even from long distances. That signal can be stored and re-used.
The price of housing in Minneapolis rose less over the last five years compared to other metro areas around the U.S.
The Wild also partnered with community food shelves to give out Turkeys this holiday season.
The Minneapolis City Council voted 9-3 in favor of a proposal on Thursday that establishes a citywide labor standards board, a move that worries some small business owners.
A woman in her 60s has been charged with fatally striking a person with her car back in July near Hibbing, according to documents filed Tuesday in Itasca County.
Roseville city officials say that more than 18,000 feet of copper wire was stolen.
Criminal charges have been dropped against two teenage brothers in connection to the fatal shooting of their 15-year-old cousin in Minneapolis this summer.
Police say an 18-year-old man is dead after he was shot on Tuesday night near Minneapolis' Little Earth of United Tribes housing area.
Police say at least five women have contacted investigators about a young man on an electric scooter who grabbed or tried to grab them
PFAS are forever chemicals used in everyday items like nonstick pans, dental floss and food packaging that can build up in our bodies and harm our health.
A new Minnesota state law requires school districts or charter schools to adopt a policy on the use of cellphones in school by March of next year. But one nonprofit has gotten a jump start, working with students to help them find a balance between devices in and out of school.
The Mayo Clinic says surgeons there successfully performed a face transplant for a Michigan man who was severely injured from a self-inflicted gunshot wound 10 years ago.
Lifting weights specifically helps strengthen bones, and in Ronnie Laitnen's case, slows down her chronic disease from developing.
Five Minnesotans have been infected with E. coli after eating organic carrots part of a nationwide recall.
After almost a decade of "Disney on Ice" performances, a Minnesota native is eagerly anticipating his first show at the Xcel Energy Center.
Post Malone announced Tuesday that the "Big A** Stadium Tour" will come to U.S. Bank Stadium on May 20, 2025.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
The head coach of the University of St. Thomas' women's hockey team has resigned following an "incident," according to the school, which would not disclose the details of what occurred.
Parker Fox scored 16 points off the bench to spark Minnesota to a 58-47 win over Cleveland State.
Kirill Kaprizov scored a pair of third-period goals, and Jonas Brodin and Ryan Hartman also scored to help the Minnesota Wild beat the St. Louis Blues 4-2 on Tuesday night.
The Minnesota Vikings have been hounding quarterbacks all season and often without any extra help.
Lifting weights specifically helps strengthen bones, and in Ronnie Laitnen's case, slows down her chronic disease from developing.
In this election, Klobuchar faired much better than all other Senate Democrats — she won by a significantly larger margin.
For Democrats the postmortem continues on why Vice President Kamala Harris and her Running mate Governor Tim Walz performed more poorly with almost every demographic than Joe Biden did in 2020. In Minnesota, Senator Amy Klobuchar did much better than Harris with some of those same groups.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
Did you know that donkeys are fast, smart and can build life-long bonds with other animals and people? It's believed that donkeys are smarter than most dogs.
The Fitzgerald Theater is the oldest active theater in St. Paul — but is it also haunted?
Wisconsin bars are known for their pints and their patrons. About the last thing you'd expect to discover in such a place would be 55 feet of historic American artwork.
Did you know Minnesota has a real castle? Miller Castle, near Nisswa.
In this edition of Finding Minnesota, John Lauritsen takes us through the long history and evolution of the Goldy Gopher mascot.
Krueger is the third-generation owner of Krueger's Christmas Tree Farm. While he finds joy in knowing the evergreens will make a family happy, they might not realize the effort it took to reach these towering heights.
As President-elect Donald Trump fills out his cabinet, there's one department for which he's yet to announce a leader. That could be because he promised it wouldn't exist after taking office.
The tiny sensory organs that cover our tongue allow us to detect five basic tastes: sweet, salty, bitter, sour and umami — which is a savory, rich or meaty flavor.
Grabbing a TV for a steal-of-a-deal is a popular move during the holiday season. This year, industry experts are expecting shoppers to go big — like really big.
Robert F. Kennedy Jr., who is expected to have a spot in the Trump administration, feels fluoride can lead to a slew of health problems.
Regions Hospital and Children's Minnesota share photos of their tiniest patients dressed to the nines for Halloween.
Minnesotans got a great view of the northern lights Thursday night due to the arrival of a severe geomagnetic storm.
Minnesotans got a great view of the northern lights Monday night.
Storms ripped through parts of Minnesota and western Wisconsin on Thursday evening. There were several reports of tornadoes and trees were downed in the metro and beyond, including in Cottage Grove, Anoka, Champlin and Fridley.
A powerful thunderstorm tore through the grounds of the Minnesota State Fair on Monday night, delaying Tuesday's opening.
Cold winds and clouds will linger on Thursday.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
It will be a cold and windy Thursday ahead of a calm weekend, says NEXT Weather Meteorologist Joseph Dames.
Multiple crashes have occurred on Twin Cities roads during Thursday morning's commute, with icy roadways and even some blowing snow reported as temperatures hover around freezing.
Overcast skies and northwest winds with gusts up to 35 mph will make the Twin Cities feel chilly on Thursday.
Starting this weekend, Santa arrives via vintage fire truck and the magic begins.
Cold winds and clouds will linger on Thursday.
You can join the celebration in a special way on this Give to the Max Day.
The Christkindl Market opens Friday in Minneapolis’ North Loop neighborhood.
It will be a cold and windy Thursday ahead of a calm weekend, says NEXT Weather Meteorologist Joseph Dames.