Debt forgiveness can be a smart strategy to use, but for some borrowers, it creates more problems than it solves.

Accredited Debt Relief reports over $1.27 trillion in U.S. credit card debt; methods to reduce it include consolidation, ...

Debt settlement programs charge fees that consume most of the discount negotiated with creditors. Instead of signing up for a debt relief plan, you can call creditors directly, explain your hardship, ...

We looked at companies’ costs, transparency, breadth of services, customer support and reputation to select our top picks.

Nearly 175 million Americans carried credit card debt into the holiday season, according to TransUnion data. With balances averaging more than $6,500 and APRs hovering around 23%, clearing the ledger ...

Freedom Debt Relief reports that hardship loans are available for those with bad credit, focusing on income and collateral ...

U.S. household debt hit a record $18.8 trillion in 2025, according to the New York Fed, fueld by increases in mortgage, ...

Many financial institutions and service providers, as well as federal, state and local governments, have policies in place to help consumers who are struggling to make ends meet. These include ...

An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for.

Both can reduce your debt, but they have different purposes, credit impacts, costs and eligibility requirements Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer at ...