Debt is more than just numbers. It's stress, frustration and feeling overwhelmed. Collectively, consumers owed more than $18 trillion in debt and credit card debt hit a new high heading into 2025, ...

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 ...

More people are turning to generative A.I. chatbots for financial advice, whether it’s for debt management, better saving ...

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When I started at the Department of Education in the 1990s, student loans were a popular middle-class benefit. College affordability or student loan debt were rarely front-page news. Our dingy offices ...

When comparing their finances to the previous 12 months, 59% of respondents said they felt worse off this year. While this is ...

Debt settlement and bankruptcy are drastic solutions for serious financial problems. Most consumers who qualify for Chapter 7 are better off choosing bankruptcy. Debt settlement can be a better option ...

The timing couldn't be worse for American families. Total household debt has hit a record $18.39 trillion, and Americans now ...

Shoppers using buy now, pay later (BNPL) face stricter affordability checks under new rules coming into force next July, the financial regulator said. Lenders will have to check that people can afford ...

Credit card debt has become a defining financial challenge for millions of Americans, with the average cardholder carrying thousands of dollars in credit card debt currently. But with interest rates ...

The former head of emerging-market debt at asset manager BlackRock and grandson of one of Bolivia's most famous presidents is ...

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.