While carrying high amounts of debt is rarely ideal, this issue isn't always the result of reckless spending. For many Americans, it's caused by the fallout of rising living costs, medical emergencies ...

The math is brutal. At an average interest rate of 22%, all it takes is a revolving credit card balance of a few thousand dollars to find yourself in serious trouble, especially as the interest ...

Reaching out for help with debt is a brave and proactive step, and it’s one that speaks volumes about your determination to turn things around. Whether you’re feeling the pinch on a tight budget or ...

Based in San Mateo, California, Freedom Debt Relief was founded in 2002 with a mission to help Americans who have become overwhelmed by their unsecured debt. Launched during a time of rising consumer ...

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 ...

Debt feels like a constant weight for many Americans in today's tough economic environment. Credit card balances, personal loans and medical bills can pile up faster than people realize, leaving ...

Debt relief isn’t a quick fix for money problems. The process, also called debt settlement or debt resolution, involves paying a company to negotiate with your creditors in hopes of getting them to ...