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

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

Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off credit card balances and then paying off the new loan.

Total household debt reached $18.39 trillion in the second quarter of 2025, with credit card balances alone topping $1.21 ...

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 ...

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 ...

A debt avalanche is an accelerated debt repayment plan that's based on paying the loan with the highest interest rate first before moving on to the next-highest.

Freedom Debt Relief reports that with the end of the federal pause on student loan collections, borrowers face potential wage garnishment. Options exist to avoid it, including loan rehabilitation or ...

Each tip offers practical, actionable steps that can start reducing your bills right away. Image Credit: chanakon ...

Polling released in recent months has highlighted how most Americans don't believe that merely working hard is enough to get ahead, a majority blames Trump for the country's economic woes, and large ...

Freedom Debt Relief reports that severance pay is taxable as ordinary income, affecting your tax bracket and obligations. Employers may withhold varying amounts based on payment structure.