We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. This creates confusion for borrowers who are seeking relief due to ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. What makes this environment particularly challenging, though, is the ...
Debt relief isn’t a quick fix for money problems. The process, also called debt settlement or debt resolution, involves paying a company to negotiate with your creditors in hopes of getting them to ...
Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Bankruptcy is a legal process that allows individuals or ...
The term "debt relief" or "debt resolution" generally refers to several ways you might restructure debt to make it more affordable. Debt relief options include debt consolidation, debt management, ...
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 ...
Recently, the Federal Trade Commission filed a complaint against seven companies and three individuals operating the "Accelerated Debt" program that falsely claimed to reduce consumers' debt by as ...
2025 has brought significant turmoil to global markets, and consumer debt and financial stress are on the rise. Understanding proper debt load is an integral part of managing personal finances. Still, ...
While headlines focus on inflation, market instability, and job growth, another crisis has been quietly unfolding: student loan debt. As of April 2025, roughly 5.8 million federal student loan ...