American households are drowning in debt like never before. Total credit card balances have soared past $1.21 trillion ...
Freedom Debt Relief reports stopping bill payments can lead to late fees, credit damage, collection efforts, and potential legal actions.
Confused about how to get out of debt? Here's how to decide if debt relief or credit counseling would work best.
Dealing with debt is different for everyone, but Dave Ramsey's debt management plan is one approach to getting out from under the weight of it quickly.
As consumer debt surpasses $18 trillion in early 2025, the need for effective and ethical consumer debt reduction solutions has never been more urgent. Both nonprofit and for-profit models offer ...
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 ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.