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 ...

Confused about how to get out of debt? Here's how to decide if debt relief or credit counseling would work best.

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 ...

Both debt relief and bankruptcy can offer you real help, but there are a few things to know about each option. mesh cube/ .

It takes a lot of strength and commitment to dig yourself out of debt, but luckily, there are tools that can help. Debt relief, also known as debt settlement, is an attractive option to many people, ...

SPONSORED CONTENT is content paid for by a partner. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Money Research Collective’s editorial team ...

SPONSORED CONTENT is content paid for by a partner. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Money Research Collective’s editorial team ...

One card turns into three. A bill you didn’t expect. A missed payment. Suddenly, you’re checking your bank app daily just to stay above water. At some point, most ...

Accredited Debt Relief is a well-known debt settlement company that claims it can help shrink your debt and make it more manageable. Sounds great, right? Sure — but if we dig into the details, is it ...

"Federal Trade Commission rules include an advance-fee ban," says Pack. "This rule prohibits a debt relief company from ...

Credit card debt has become a massive issue for Americans over the last few years — and that problem is compounding rapidly, according to recent data. As of the fourth quarter of 2024, cardholders ...