"Debt relief" is a broad term, and it can refer to everything from negotiating with your creditors on lower rates and fees to ...

Americans continue to struggle under the weight of crushing debt. Consumers owed an average of $104,755 as of mid-2025 — down ...

Debt settlement and bankruptcy are drastic solutions for serious financial problems. Most consumers who qualify for Chapter 7 are better off choosing bankruptcy. Debt settlement can be a better option ...

Debt settlement is the process of negotiating payoff of your outstanding debts, often for less than what you owe. While you can attempt this yourself, there are also companies that can negotiate on ...

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 ...

Picture this: You're staring at a stack of credit card bills but are only able to make the minimum payments on the accounts, which barely touch the balance. As a result, you're watching the interest ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. That's why it's important to understand when to say yes to a settlement ...

The U.S. now owes over $38 trillion, about $114,000 per citizen. Debt jumped $1 trillion in two months. Rising deficits and soaring interest costs are fueling concerns. The dollars reserve status may ...

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 ...

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 ...

This article was paid for by Freedom Debt Relief. A debt settlement company can help you find relief from overwhelming debt payments, debt collectors and mounting fees. But not all of these companies ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Debt settlement can give you a liberating, fresh start. But it also creates new challenges when you’re looking to buy a home.