Americans are carrying a total of $1.2 trillion in credit card debt. But Affinity Plus says debt consolidation programs can help save money.

You will receive a 1099-C Cancelation of Debt form if a lender forgives more than $600 of taxable debt. You must include the amount of canceled debt on your federal tax return as a part of your ...

Credit card debt piling up? Here's what you need to know in order to stop the stress and start moving forward.

If you’re drowning in debt, you might consider credit counseling. Credit counselors can help you make a plan to tackle your debt and educate you on managing your money. The U.S. Department of Justice ...

Managing debt can feel overwhelming at any age, but even more so as you get older or enter retirement. If you're looking at your credit card statements or loan payments and wondering about the best ...

The term "debt relief" or "debt resolution" generally refers to several ways you might restructure debt to make it more affordable. Debt relief options include debt consolidation, debt management, ...

(InvestigateTV) — Debt consolidation can be a powerful tool to help simplify your finances – combining multiple debts into a single payment, often at a lower interest rate. Cherry Dale, the vice ...

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 ...

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 ...

It seems like it's easier than ever these days to charge your credit card. However, those purchases and interest add up ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...