If you have debt, you’re not alone. Total U.S. household debt has been hitting new record highs and credit card debt ...

Five years ago, I faced a daunting challenge: nearly $30,000 in credit card debt. My situation wasn’t the result of reckless ...

Lump-sum payment. A lump-sum payment is a large, one-time payment that is less than what you actually owe on your account. For example, if you owe $10,000, the credit card company may accept an ...

At this point, creditors may offer settlement options or other ways to pay off the debt to avoid further escalation. ... The first step in negotiating credit card debt is to stop making payments.

Credit card debt can pile up faster than most people realize — and once it starts piling up, it becomes all the more difficult to pay down. The average credit card balance in the U.S. rose to ...

Even if you put that same monthly payment of $466 to your credit card in this scenario, you’ll pay about $2,326.79 in interest, and it’ll take three months longer to pay it off than it would ...

Financial roadblocks like a layoff or emergency expenses can be challenging, but they don’t mean an end to your debt ...

If you're drowning in debt and can't see a way out, debt settlement might be a lifeline, but it's not risk-free.

Freedom Debt Relief reports credit card limits aren’t keeping pace with debt, stressing residents in Kentucky, Alabama, and ...

Freedom Debt Relief takes a deep dive into whether you should aim to become debt-free before you retire and helps you make a ...

Debt consolidation loans tend to have lower interest rates than credit cards, helping you pay off your credit card debt without racking up even more interest charges.

If simply paying off your credit card debt isn't an option at this time and your balances are piling up, negotiating it can wipe it away for much less than the original amount.