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 ...

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.

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 ...

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 ...

Some families owe more money now than even from a few months ago. According to recent Federal Reserve numbers, this year household debt went up $16 billion from the first quarter to the second quarter ...

If you owe a significant amount of debt, it can feel tough to get ahead. Inflation is still above its ideal target, taking a bite out of your purchasing power. Interest rates are also still relatively ...

Many Americans—about half—carry credit card debt from month to month, and about 53 percent of them have been in debt for more than a year, according to a survey by Bankrate.com. Households with credit ...

If you're struggling with overwhelming debts and bills, it can be difficult to get your finances back on track on your own. That's where debt counseling services and credit counselors can provide ...

Credit card debt this year is at an all-time high, and more and more cash-strapped consumers add to those numbers every month. If you are getting deeper and deeper in debt on your credit cards, you ...

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

Could your debt be reduced or forgiven? Take our financial relief quiz. When you’re dealing with a mountain of debt, it can be hard to envision digging your way out of it. Considering that Americans’ ...