Debt consolidation is a good idea if it helps you meet your financial goals, but not if you use it to free up revolving credit or refuse to change how you spend and manage your money.

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 ...

The national debt is rising faster than ever and threatens to undermine confidence in the economy, experts warn.

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a ...

Chapter 13 isn't your only option Debt settlement a debt relief company by 30% to 50% or more qualify for Chapter 7 bankruptcy and Not paying your secured credit card bill won’t land you in jail, but ...

Let’s say the bills keep stacking up, and your income just isn’t stretching like it used to. You're not spending wildly, you’re just stuck. At some point, you start Googling solutions. And if you’ve ...

SPONSORED CONTENT is content paid for by a partner. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Money Research Collective’s editorial team ...

SPONSORED CONTENT is content paid for by a partner. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Money Research Collective’s editorial team ...

For many Americans, debt isn’t just a balance on a screen—it’s a daily weight. In a 2025 survey by financial services company JG Wentworth, it was found that nearly half of respondents worry about ...

The advantages of refinancing a mortgage can include lowering your interest rate, changing your loan term and unlocking some home equity. The disadvantages of refinancing include closing costs, ...

Debt Support National has introduced a wide range of debt relief programs aimed at helping people achieve financial stability. The company is committed to helping consumers manage their debts ...

New research has revealed how long it takes people with multiple debts to pay them off, with many taking more than three ...