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

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

Accredited Debt Relief is a well-known debt settlement company that claims it can help shrink your debt and make it more manageable. Sounds great, right? Sure — but if we dig into the details, is it ...

Figuring out how to pay off credit card debt isn’t a new problem, but one option for help is becoming increasingly popular: hiring a debt relief company. These companies — also known as debt ...

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 ...

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 ...

One card turns into three. A bill you didn’t expect. A missed payment. Suddenly, you’re checking your bank app daily just to stay above water. At some point, most ...

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

Standout benefits: The company boasts a 94% success rate with offer-in-compromise agreements and claims to have helped ...