Key takeaways Debt consolidation can simplify your finances and potentially lower your interest rate. There may be upfront costs that can offset potential savings. People with good credit may qualify ...

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

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

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 ...

While inflation has cooled significantly compared to recent highs, many Americans are still burdened by high consumer goods costs caused by years of high inflation, especially at gas stations and ...

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 ...

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 ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. When credit card bills pile up and ...

WASHINGTON — Managing debt can be complicated. We sat down with a financial expert to look at the pros and cons of debt consolidation. Debt consolidation is a financial strategy that involves rolling ...

We review over 35 lenders, including major banks, top credit unions, leading digital platforms, and high interest installment lenders operating across multiple states. Each lender is evaluated across ...

A debt consolidation loan can help streamline your higher-interest debt bills into one payment, ideally at a lower interest rate. Taking the time to research lenders and get quotes can help you get ...

Call (915) 701-2750 or visit affordabledebtconsolidation.com for debt consolidation and debt relief in El Paso Texas. Affordable Debt Consolidation specializes in debt relief for upper-middle to ...