Debt settlement means paying less than you owe to close out an account balance. Many consumers hire debt settlement companies or attorneys to help them negotiate debt. You may be able to save money by ...

Carrying debt has become a lot more expensive than it was just a few years ago — and that's due, in major part, to the current rate environment. Right now, the average credit card interest rate is ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Creditors and third-party debt collectors file hundreds of thousands of ...

Let’s say the bills keep stacking up, and your income just isn’t stretching like it used to. You're not spending wildly, you’re just stuck. At some point, you start Googling solutions. And if you’ve ...

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 ...

A 30-year-old man is seeking advice on whether or not he made the right choice to set a boundary His girlfriend asked him for $300 to $500 a month to help pay off her credit card debt he didn't know ...

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, ...

The Senate names the six most misleading debt settlement companies. April 23, 2010— -- You've seen the ads claiming you can settle your debts for just pennies on the dollar, but Congress wanted ...

If you’re drowning beneath a quickly growing credit card balance and wondering how it got this bad, you’re not alone and out of options. Minimum payments barely chip away at the principal. Interest ...

A 30-year-old man is seeking advice on whether or not he made the right choice to set a boundary Getty A 30-year-old man is seeking advice on whether or not he made the right choice to set a boundary ...