Debt can be overwhelming, and when bills pile up, many people look to credit repair, debt consolidation, or debt relief ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Are you one of the many ...

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 ...

Nonprofit debt consolidation can make debt payments more manageable by reducing the number of bills you need to pay. Unlike traditional debt consolidation, where borrowers pay off existing debts with ...

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 ...

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. Credit cards have become an ...

We only recommend debt relief when other, more favorable options aren’t viable. Debt consolidation loans and credit counseling often make better financial sense for borrowers. Debt relief companies ...

If you're behind on your debt payments and beginning to feel overwhelmed by their impact on your financial life, considering debt settlement may be an opportunity to get back on track. National Debt ...

Fast Track Debt Relief offers debt settlement and debt consolidation services. The company negotiates with creditors to lower the total debt owed and settle on behalf of clients. It also offers credit ...

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

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 ...