Is debt relief a good idea? Learn how it works, its benefits and drawbacks to make the best decision to manage your debt and ...

Feeling overwhelmed by credit card debt? Consumer Reports shares actionable tips, from cutting spending to seeking nonprofit ...

Altogether, Americans owe more than a trillion dollars in credit card debt. The average balance per household is around $6,000. With many credit cards with interest rates over 20%, it’s tough to make ...

What's the best consumer option for paying down credit card debt? The answer is steeped in irony and may surprise you.

A map shows states with the highest and lowest credit card debt. The data reveals that residents of Alaska, the District of ...

Americans owe a combined $1.18 trillion in credit card debt so Consumer Reports has tips on how to pay down that debt. One ...

One often-underappreciated way to tackle debt is through debt settlement. Debt settlement groups can lower the amount you owe by negotiating with your creditors. Instead of paying the full debt, ...

Most Americans are managing their cards well right now, so slashing the cost of using them could unleash spending.

Credit card companies and debt collectors may forgive some of your debt if you have a significant financial hardship. You can negotiate your debts yourself, or get help from a professional service.

It typically applies to unsecured debts — like credit cards, medical bills or personal loans — and is often used as a last resort when a borrower can't afford to pay off their debt in full.

Credit card companies and debt collectors may forgive some of your debt if you have a significant financial hardship. You can negotiate your debts yourself, or get help from a professional service.