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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.

“In a debt management plan, you get the interest rates down to 6 or 7 percent so that most of the payment is going towards ...

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 ...

Managing debt can feel overwhelming, but a financial debt advisor can help you create a plan, explore your options and ...

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 ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. We don’t always have the funds upfront to ...

Could your debt be reduced or forgiven? Take our financial relief quiz. According to a review of in-house data by Experian in 2025, the average American holds over $105,000 in debt. From car loans to ...

Borrowing has become a normal part of life for most people, especially as everyday costs continue rising. Whether it's groceries, gas or housing, many Americans are now relying more heavily on credit ...

How long does debt relief take? There are a variety of debt relief options that can bring debt struggles to an end. It's understandable to want to know how long debt relief takes before you choose one ...

Fixed monthly costs, lower rates and simplified repayment are potential benefits of debt consolidation Written By Written by Loans Deputy Editor, Buy Side Jessica Ullrich is Deputy Editor at Buy Side, ...