We may be just a couple of months into the new year, but there has already been plenty of bad news about debt levels in the U.S., signaling that the issues we saw in late 2024 are continuing into 2025 ...

The Debt Snowball allows you to make a simple change to your behavior and systematically pay off debt at an accelerated rate. Get the free printables.

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 ...

The term "debt relief" or "debt resolution" generally refers to several ways you might restructure debt to make it more affordable. Debt relief options include debt consolidation, debt management, ...

I'm a freelance financial journalist and a regular contributor to U.S. News and CreditCards.com. I've written for Life + Money by Citi, Bankrate and The Balance, among others. You can find me on ...

Debt relief isn’t a quick fix for money problems. The process, also called debt settlement or debt resolution, involves paying a company to negotiate with your creditors in hopes of getting them to ...