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

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While debt management plans are often confused with other types of debt ...

Debt management restructures your debt so you can pay it off. Debt settlement involves some amount of debt forgiveness. If you don't qualify for debt management, debt settlement might work for you.

In 2025, people throughout the U.S. saw rising prices for consumer goods and a reduction in income and employment. Those factors contributed to a substantial rise in credit card debt.

A financial debt advisor can help you make a repayment plan.

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A debt consolidation loan is a type of personal loan that you can use to combine multiple debts into one and pay them off in fixed installments. This can benefit you in several ways, from simplifying ...

There are several ways to deal with overwhelming debt, and the right one for you depends on the severity of the problem and the resources you have. If you’re exploring debt management vs. 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 ...

A debt/equity swap is a financial restructuring strategy where a company exchanges outstanding debt for equity in the business. This can help a company reduce its debt burden and interest costs while ...