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 ...

You can use a debt consolidation or personal loan to pay off high-interest debt. Debt consolidation loans are a type of personal loan. The difference between the loans is how you use the money — ...

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 ...

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

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, ...

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 ...

ATLANTA — For many families, credit card debt is a huge source of stress, and when the bills keep piling up, it might seem like there’s no way out. But before you lose hope, you may qualify for debt ...

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, ...