U.S. household debt reached a record $18.59 trillion in 2025, according to the New York Fed, with credit card debt alone ...

Debt management plans and credit card hardship programs can offer relief when credit card debt becomes hard to manage. For short-term setbacks, a hardship program is typically cheaper, but a DMP ...

If debt collectors are calling you daily but you can't afford to pay off what you owe, the idea of enrolling in a debt management program can be pretty tempting. After all, these programs claim to ...

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 ...

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 ...

You know how to get out of debt in theory. But doing it is easier said than done.

FARMINGTON HILLS, Mich., Dec. 18, 2025 /PRNewswire/ -- As rising costs push many Americans to the breaking point, GreenPath Financial Wellness—a trusted national nonprofit providing financial ...

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.

If you’re struggling to manage multiple monthly credit card payments, a credit card consolidation loan can simplify your ...

Debt management programs can lead to lower rates on credit cards, waive late fees, and bring delinquent accounts current to stop collection activity, according to GreenPath Financial Wellness. Buzz ...

Americans are carrying more credit card debt than ever, and with average credit card interest rates now topping 21%, even relatively small balances can quickly become a big drain on your finances.