Debt cancellation can erase what you owe under certain circumstances, but it's not always as simple as it sounds.

For many Americans, debt isn’t just a balance on a screen—it’s a daily weight. In a 2025 survey by financial services company JG Wentworth, it was found that nearly half of respondents worry about debt daily,

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 average can conceal some more concerning statistics: 22% of ...

New economic considerations came to the forefront early Wednesday when the Commerce Department announced a shrinking in the gross domestic product (GDP) for the first quarter of 2025. GDP, which measures the overall value of services and products, shrank ...

You don’t need to be reckless with money to end up buried in debt. All it takes is one catastrophic event, sudden loss of a job, or a few months of “just getting by” – and suddenly, the interest charges by themselves are enough to make you feel ...

There are no government debt forgiveness programs for credit cards. Eligible borrowers may be able to get their federal student loans forgiven, however. If you have credit card debt, working with a debt relief company is an option for those who want to ...

Debt Redemption helps Texans resolve very high, overwhelming credit card and personal loan debt. Find out if debt consolidation loans, credit counseling, or a Texas debt relief program to negotiate down your credit card debt and unsecured balances will ...