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

Buy Side's best overall choice for debt consolidation is LightStream, which offers some of the lowest advertised APRs and ...

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 for better ...

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 ...

If you’re struggling with crushing credit card debt and mounting overdue bills, debt settlement could be a lifeline, helping you clear your balances for less than you owe. When you successfully settle ...

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 ...

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 ...

One card turns into three. A bill you didn’t expect. A missed payment. Suddenly, you’re checking your bank app daily just to stay above water. At some point, most ...

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 ...