If you’re struggling to manage multiple monthly credit card payments, a credit card consolidation loan can simplify your ...

Lenders typically reserve forgiveness — also known as debt settlement — for borrowers who are clearly struggling and unlikely to repay the full amount otherwise. Here's a breakdown of who generally ...

Both credit card charge-offs and debt settlement can harm your credit, but one gives you a chance to recover faster.

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 ...

According to Forbes, Americans are carrying a grand total of $1.2 trillion in credit card debt. But Amanda Bruggman, Duluth branch manager at Affinity Plus Federal Credit Union, says debt ...

Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago. However, that ...

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 ...

Failing to finish a debt settlement program can undo your progress and may even leave you worse off than before.

Texas-based and 100% veteran-owned,AffordableDebtConsolidation supports small business owners burdened by high-interest ...

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. When credit card bills pile up and ...

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. With the average American household with ...

There are no government debt forgiveness programs for credit cards. Eligible borrowers may be able to get their federal student loans forgiven, however. If you have credit card debt, working with a ...