High credit card balances and steep interest rates are pushing more people to consider debt settlement, but programs are not ...

Credit card debt is a growing issue nationwide and it is weighing heavily on many households as we move through the second quarter of 2025. For example, recent data shows the average cardholder is ...

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 ...

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 ...

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 ...

In 2025, people throughout the U.S. saw rising prices for consumer goods and a reduction in income and employment. Those factors contributed to a substantial rise in credit card debt.

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 ...

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.

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.

The MarketWatch News Department was not involved in the creation of this content. FARMINGTON HILLS, Mich., Dec. 18, 2025 /PRNewswire/ -- As rising costs push many Americans to the breaking point, ...