Credit card debt is a growing issue nationwide and it is weighing heavily on many households as we move through the second quarter of 2025. For example, recent data shows the average cardholder is ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

For many Americans, debt isn’t just a balance on a screen—it’s a daily weight. In a 2025 survey by financial services company JG Wentworth, it was found that nearly half of respondents worry about ...

Achieve reports on options for debt help, which vary from debt consolidation to professional relief or bankruptcy.

IT’S HELPING FAMILIES, AND WHAT YOU NEED TO KNOW BEFORE YOU SIGN UP. AS WE CAME CLOSER AND CLOSER TO THE END OF PAYING IT OFF, WE JUST FELT BETTER AND BETTER. IAN MOORE SAYS CREDIT CARD BALANCE ...

If you're struggling with debt, you're not alone—the average American has more than six figures' worth (including mortgages and student loans). When attempting to tackle that number using a debt ...

With average credit card interest rates recently surpassing 23% and retail credit card rates sitting above 30% on average, many Americans have found themselves trapped in a cycle of minimum payments ...

After an initial evaluation, a counselor will advise you on the best course of action to tackle your debt, whether you need general personal finance advice, bankruptcy counseling or something else.

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. A debt management plan (DMP) can help you ...

Debt Management vs. Debt Consolidation: Which is Better? Are you feeling overwhelmed by debt and looking for ways to regain control? Debt management and debt consolidation are two widely used ...

Debt management restructures your debt so you can pay it off. Debt settlement involves some amount of debt forgiveness. If you don't qualify for debt management, debt settlement might work for you.