Seniors have specific protections when dealing with credit card debt, but those safeguards still have limits.

Credit card interest rates remain high right now, driven up, in part, by the Federal Reserve's rate hikes that occurred in 2022 and 2023. While the increases were aimed at combating inflation, they ...

Debt relief can offer real breathing room for your finances, but it comes with a few trade-offs in return.

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 ...

Debt settlement requires you to pay a lump sum to creditors for less than you owe and have the remaining balance forgiven. To choose the right debt settlement company, compare the cost, eligibility ...

Credit card debt, student loan debt, mortgage payments: no matter what stage of life you’re in, there’s a good chance you’re carrying the burden of debt in one form or another. Since the issue is so ...

Debt settlement is one solution for unaffordable debt, and there are lawyers and companies that settle debt for their clients. However, professional debt settlement can be expensive, depending on whom ...

Senior tax debt can feel like a heavy burden, especially when you're on a fixed income. Fortunately, the IRS offers several ways to reduce or even eliminate what you owe. Here is how seniors can use ...

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.