When credit card debt feels unmanageable, some borrowers look for ways to change the terms — but is that possible?

"Debt relief" is a broad term, and it can refer to everything from negotiating with your creditors on lower rates and fees to enrolling in a structured debt management program. Each option promises ...

A low credit limit requires discipline if you want to keep your utilization low and have a healthy credit score.

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If you’re drowning in debt, debt relief could be a way to reduce some of the burden, or at least give you a more manageable payment plan. The process, which is also frequently called “debt settlement, ...

Americans now owe nearly $5 trillion in non-housing debt, according to the Federal Reserve Bank of New York, a sum that’s increased more than 60% over the past decade. As our debt has grown, so has ...

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 ...

Most adults in the United States (81%) have at least one credit card, and Americans' total credit card balances broke a new record—more than $1.3 trillion—in July 2025. Credit card debt can be a ...

Debt relief offers a lifeline to those overwhelmed by financial obligations. It is a crucial strategy that can help you manage debts effectively and improve your financial standing. By lowering ...

In 2024, credit card debt accounted for 6.36% of all United States household debt, up from 5.8% in 2020. Credit card balances surged during the pandemic and, by the end of 2022, Alaska led the nation ...

Debt Support National announced today the expansion of its debt relief connection services to Missouri residents. The expansion addresses increasing demand for debt assistance resources in the state ...

Scammers often target consumers with large amounts of debt or lower credit scores. Be wary of anyone who contacts you claiming to be from a debt relief or credit repair company, especially if they ...