With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who ...

Find out how to start the debt relief process today.

If a bill lands in collections, the fallout escalates quickly. So, you should know what to expect and how to fix it.

Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Whether you owe it or not, receiving a debt collection notice can conjure up feelings of anxiety, worry and perhaps confusion, ...

A Snapshot of Consumer Debt Credit card debt in the United States was over $1.2 trillion in late 2025. The average person ...

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 ...

Learn what credit card debt is, its impact on your credit score, and strategies to manage it effectively. Improve financial decisions with our expert insights.

Five years ago, I faced a daunting challenge: nearly $30,000 in credit card debt. My situation wasn’t the result of reckless spending. Instead, it was a matter of trying to keep my head above water as ...

When Cheryl Montgomery awoke in the hospital after a medical emergency, the last thing on her mind was the billing headache that would follow. Even with robust health insurance, Montgomery still owed ...