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

Credit card debt forgiveness through settlement can dramatically reduce a $75,000 balance, sometimes by tens of thousands of ...

Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off ...

Total household debt reached $18.39 trillion in the second quarter of 2025, with credit card balances alone topping $1.21 ...

Debt is a growing problem. The latest consumer data shows that total household debt has surpassed $18 trillion and consumers owe a record $1.21 trillion in credit card debt. With so many consumers ...

Debt relief isn’t a quick fix for money problems. The process, also called debt settlement or debt resolution, involves paying a company to negotiate with your creditors in hopes of getting them to ...

Americans are struggling to keep up with their credit card bills. The share of cardholders making only the minimum payment recently hit a 12-year high, and delinquency rates have been climbing over ...

Better reported $80 million in monthly HELOC and home equity loan originations as of the second quarter of 2025.

Getting out of debt for 2022 is a popular New Year's resolution, and with the right strategy, it can be done. If you're in debt, you're not alone. According to the Federal Reserve Bank of NY, "total ...

GREENSBORO, N.C. — Got debt? You're not alone. Business Insider estimated the average debt for each North Carolina resident last year. was $96,000+. This number includes mortgages, car loans, student ...

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 ...