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 ...

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No one enjoys being hounded by debt collectors. When you have long overdue credit card debt, it can seem like there’s no way out. But there are steps you can take to settle your old debt and get ...

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 ...

If you’re struggling with high interest rates or mounting credit card debt, learning how to negotiate with credit card companies can help you save money and regain control of your finances. Many ...

If you’re drowning beneath a quickly growing credit card balance and wondering how it got this bad, you’re not alone and out of options. Minimum payments barely chip away at the principal. Interest ...

J.R. Duren is a content marketing writer for CBS MoneyWatch's Managing Your Money team. On average, debt settlement programs result in paying 30% to 50% less than the full balance on successful ...

Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off ...

If you’re stuck in credit card debt, it can feel hopeless. With increasing payments, ballooning debt balances and massive interest charges — credit card debt can get out of control quickly. Try This: ...

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Debt settlement means paying less than you owe to close out an account balance. Many consumers hire debt settlement companies or attorneys to help them negotiate debt. You may be able to save money by ...