A financial advisor is a smart choice if you need help managing your money, says R.J. Weiss, a certified financial planner ...

Americans now owe nearly $5 trillion in non-housing debt, according to the Federal Reserve Bank of New York, a sum that’s increased more than 60% over the past decade. As our debt has grown, so has ...

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.

Credit counselors reported a significant surge in demand for financial counseling services so far this year, warning that the trend signals an increase in financial distress among U.S. consumers.

No sooner had I read the latest statistics on consumer debt in the U.S. (also known as household debt, credit card and other unsecured debt) than a message washed up on my desk echoing the same matter ...

WASHINGTON, March 21 (Reuters) - It's a sad situation when you're in trouble and you turn to your last resort -- and it uses the opportunity to soak you. For many consumers in recent years, that has ...

U.S. consumer credit surged by $16 billion last month, pushing the total debt level to $5.06 trillion, which is the ...

Federal grants funding nonprofits that help people build strong credit are being slashed. The result will be more foreclosures, evictions, bankruptcies, and out-of-business signs at small businesses ...

Sarah Brady is a personal finance writer and credit expert who's been dedicated to helping individuals and entrepreneurs improve their financial wellness since 2013. Sarah's writing is informed first ...

WASHINGTON — The Internal Revenue Service has canceled the tax-exempt status for some of the nation's largest educational credit-counseling services after audits revealed they exist mainly to prey on ...

WASHINGTON - Hidden charges, high fees and even failure to send payments to creditors are widespread among newer credit counseling agencies, senators and federal regulators contended Wednesday. Credit ...

The Internal Revenue Service has concluded that more than 30 credit-counseling firms -- accounting for more than half of the industry's revenue -- are not entitled to tax-exempt status. Five firms, ...