Credit card debt is a growing issue nationwide and it is weighing heavily on many households as we move through the second quarter of 2025. For example, recent data shows the average cardholder is ...

As the credit card bills pile up and the variable interest rates on your cards climb higher, it's easy to become trapped in a cycle of debt that you can't easily overcome. And, when you add the ...

IT’S HELPING FAMILIES, AND WHAT YOU NEED TO KNOW BEFORE YOU SIGN UP. AS WE CAME CLOSER AND CLOSER TO THE END OF PAYING IT OFF, WE JUST FELT BETTER AND BETTER. IAN MOORE SAYS CREDIT CARD BALANCE ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Debt management is a systematic way to pay off your debts, either on your own or with the help of a professional debt management company. Debt management companies are skilled at negotiating on your ...

In fact, household debt hit $18.59 trillion in the third quarter of 2025, according to the Federal Reserve Bank of New York. As people find themselves drowning in debt, they might become desperate ...

Spring clean your finances with 4 expert-backed steps to becoming debt-free and finally take control of your money in 2025. The end-of-year holidays can be a particularly indulgent time, full of ...

ATLANTA — For many families, credit card debt is a huge source of stress, and when the bills keep piling up, it might seem like there’s no way out. But before you lose hope, you may qualify for debt ...

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.

After an initial evaluation, a counselor will advise you on the best course of action to tackle your debt, whether you need general personal finance advice, bankruptcy counseling or something else.

There are several ways to deal with overwhelming debt, and the right one for you depends on the severity of the problem and the resources you have. If you’re exploring debt management vs. debt ...