American households are drowning in debt like never before. Total credit card balances have soared past $1.21 trillion nationally, while the average household carries over $6,000 in revolving debt.

Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

The best way to pay off debt depends on what you owe. Explore strategies like the debt snowball, debt consolidation and debt ...

The average American household currently carries over $7,000 in credit card debt, and for a large number of borrowers, other debts, like medical bills and personal loan debts, are also piling up amid ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. That can make it challenging to weed out the safe, reputable programs ...

Many Americans are deep in the red. In fact, household debt hit $18.59 trillion in the third quarter of 2025, according to the Federal Reserve Bank of New York. As people find themselves drowning in ...

Are debt relief programs legit? Yes. Debt relief, aka debt settlement or debt resolution, is a legitimate industry that can be helpful to people experiencing certain financial difficulties. However, ...

Reaching out for help with debt is a brave and proactive step, and it’s one that speaks volumes about your determination to turn things around. Whether you’re feeling the pinch on a tight budget or ...

When Whitney Catalano filed for Chapter 7 bankruptcy in 2022, she was self-employed, living in an apartment she couldn’t afford and carrying $60,000 in credit card and personal loan debt. For her, ...