Confused about how to get out of debt? Here's how to decide if debt relief or credit counseling would work best.

Elevated borrowing costs have many card users weighing debt relief options, but is this the right time to act?

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Both debt relief and bankruptcy can offer you real help, but there are a few things to know about each option. mesh cube/ .

"Federal Trade Commission rules include an advance-fee ban," says Pack. "This rule prohibits a debt relief company from ...

Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago. However, that ...

This article was paid for by Freedom Debt Relief. A debt settlement company can help you find relief from overwhelming debt payments, debt collectors and mounting fees. But not all of these companies ...

SPONSORED CONTENT is content paid for by a partner. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Money Research Collective’s editorial team ...

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. With the average American household with ...

If you're struggling to make payments toward your credit card or loan debts, a debt settlement company like Freedom Debt Relief might be able to help. According to the company, customers who complete ...