In addition to simplifying payments and lowering interest charges, the main advantage of a debt consolidation program is the ...

Today's unique economy may be difficult to navigate for credit card users, but there are solutions worth exploring.

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 ...

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, ...

You don’t need to be reckless with money to end up buried in debt. All it takes is one catastrophic event, sudden loss of a job, or a few months of “just getting by” – and suddenly, the interest ...

JG Wentworth is a legitimate company that buys annuities and structured settlements and offers debt settlement programs. Its ...

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 ...

Struggling with debt isn’t easy, especially when there’s not a clear path forward. Many people see a light at the end of the tunnel with a debt settlement program, though — and indeed, these programs ...

The state has spent $138,271 so far in the pursuit of buying, and then forgiving, nearly $12 million in medical debt.

Debt management restructures your debt so you can pay it off. Debt settlement involves some amount of debt forgiveness. If you don't qualify for debt management, debt settlement might work for you.

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

The Senate names the six most misleading debt settlement companies. April 23, 2010— -- You've seen the ads claiming you can settle your debts for just pennies on the dollar, but Congress wanted ...