The best way to pay off debt depends on what you owe. Explore strategies like the debt snowball, debt consolidation and debt ...

American households are drowning in debt like never before. Total credit card balances have soared past $1.21 trillion nationally, while the average household carries over $6,000 in revolving debt.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, that uncertainty makes sense. "Debt relief" is a broad term, and it ...

Recently, the Federal Trade Commission filed a complaint against seven companies and three individuals operating the "Accelerated Debt" program that falsely claimed to reduce consumers' debt by as ...

While headlines focus on inflation, market instability, and job growth, another crisis has been quietly unfolding: student loan debt. As of April 2025, roughly 5.8 million federal student loan ...

Americans are feeling a credit crunch: U.S. consumers held a record $1.21 trillion in credit card debt in the second quarter of 2025, according to the New York Fed. Nearly half of cardholders carry a ...

Debt feels like a constant weight for many Americans in today's tough economic environment. Credit card balances, personal loans and medical bills can pile up faster than people realize, leaving ...

Are debt relief programs legit? Yes. Debt relief, aka debt settlement or debt resolution, is a legitimate industry that can be helpful to people experiencing certain financial difficulties. However, ...