Tue, May 6, 2025 at 9:40 PM UTC In the second half of 2024, the average consumer’s credit card debt was $6,730, according to Experian’s consumer debt study, and just over $19,000 for personal loans.

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. Managing debt is an inevitable part of growing a business.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. When credit card bills start piling up, the weight of that debt can put ...

Debt management is systematically paying off your debts. You can do this on your own or with the help of a professional debt management company. Debt management companies are skilled at negotiating on ...