Lenders typically reserve forgiveness — also known as debt settlement — for borrowers who are clearly struggling and unlikely ...

Americans now hold a record $1.21 trillion in credit card debt, but some consumers could have their bills cut in half.

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 ...

There are legitimate pathways you can take to help reduce or eliminate your credit card debt if you're struggling.

Discover how repayment works, including schedules, interest, and strategies for different loans like student loans, mortgages, and more. Learn to manage debt effectively.

Two women who tried to get debt relief and down payment assistance through the Urban League of Metropolitan Seattle are ...

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 ...

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.

If you're struggling with high amounts of debt and are unable to get the issue under control, the promises made by debt management companies — items like "reduce your payments," "consolidate your debt ...

a nonprofit credit counseling agency, a professional debt relief company, or a bankruptcy attorney. These days, it’s not hard to get information from sites like TrustPilot or the Better Business ...

The city has wiped $135 million worth of medical debt for 75,000 individuals, inching towards its goal of erasing billions in ...

Mayor Eric Adams announced the cancellation of nearly $135 million in medical debt for over 75,000 New Yorkers.