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 ...
Confused about how to get out of debt? Here's how to decide if debt relief or credit counseling would work best.
After an initial evaluation, a counselor will advise you on the best course of action to tackle your debt, whether you need general personal finance advice, bankruptcy counseling or something else.
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Credit Counseling Explained: How It Works and When To Use It
Credit counseling provides education to help eliminate your debt with better money management. Credit counselors help craft a ...
Credit counseling is a way to help those overwhelmed by debt or unable to manage their expenses. In credit counseling, you’ll work with a credit counselor to review your finances and find out what you ...
Debt can be overwhelming, and when bills pile up, many people look to credit repair, debt consolidation, or debt relief ...
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 ...
CHARLOTTE, N.C. — Some families owe more money now than even from a few months ago, as reported by our sister station WSOC-TV. According to recent Federal Reserve numbers, this year, household debt ...
Despite recent efforts toward medical debt reform, many Americans still deal with piles of medical bills. A 2024 analysis from Peterson-KFF shows that about 20 million adults — nearly one in 12 — have ...
(TNND) — Credit card balances fell by $29 billion, or about 2%, last quarter, according to the New York Fed's report on household debt that was released Tuesday. Credit card balances for Americans now ...
A student credit card, when used responsibly, can help you establish a credit history, build your credit score and develop healthy spending habits. Use a student credit card for affordable, ...
The idea of “credit counseling” tends to evoke negative emotions and stress. After all, if you’re receiving counseling about your finances, you might think that the fewer people who know about it, the ...
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