Freedom Debt Relief reports stopping bill payments can lead to late fees, credit damage, collection efforts, and potential legal actions.

Got credit card debt? You aren’t alone. In the second quarter of 2025, total credit card debt in the U.S. reached a record ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

"Federal Trade Commission rules include an advance-fee ban," says Pack. "This rule prohibits a debt relief company from ...

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 ...

2025 has brought significant turmoil to global markets, and consumer debt and financial stress are on the rise. Understanding proper debt load is an integral part of managing personal finances. Still, ...

When finances are tight, it's easy to get lost in a sea of credit card debt, which is the primary reason credit card balances, interest rates, and financial stress are quickly rising. Millions of ...

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 ...

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 ...