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 ...

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 ...

If you're struggling with high amounts of debt and are unable to get the issue under control, the promises made by debt ...

Debt relief is an umbrella term used to define the many options and programs that can help you manage your debt payments or even reduce the entire amount you owe. “They include debt settlement, ...

Seniors with growing credit card balances have options, but true senior-specific relief is another story entirely.

There are several ways to deal with overwhelming debt, and the right one for you depends on the severity of the problem and the resources you have. If you’re exploring debt management vs. debt ...

While it’s commonly regarded as negative, debt isn’t inherently bad. A mortgage or auto loan can help you with housing or transportation. At the same time, credit cards can provide liquidity to ...

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STAFFORD, Texas, Aug. 13, 2025 (GLOBE NEWSWIRE) -- As consumer debt continues to climb and delinquencies rise, new data from Money Management International (MMI) shows that 20% of clients seeking ...

Dear Liz: Finance companies claim if you owe too much credit card debt that by law you need not pay it all back, but can retire some or most of this debt. They say this is not a credit card debt ...

If you don’t pay a government debt, they may get a second bite at the apple. By law, Treasury can withhold funds from payments owed to you, like a tax refund, to collect—a process known as offset.