With the average American carrying nearly $8,000 in credit card debt and card rates hovering near historic highs, debt-related stress has become a daily reality for millions of households. In today's ...

There are multiple debt relief strategies worth exploring now. Here's what experts recommend borrowers do next.

These are all forms of debt relief programs. Some lower monthly payments. Others cut down the total. All come with different timelines, risks, and tradeoffs. This article will discuss debt settlement.

The type of debt relief program also influences the employment requirements. Bankruptcy , for example, doesn't necessarily require employment but does involve a means test and evaluation of your ...

Debt relief companies can carry serious risks, like long-term credit damage, especially if your creditors don’t agree to work with them. Alternatives to debt relief include working with a credit ...

I'm saving over $12,000. Seventeen months into my program, the law firm I work with has negotiated about $25,700 of my $55,000 of debt I enrolled with to about $13,400 in settlements — a 52% ...

Not to be confused with a debt settlement program, a debt management plan groups several credit card debts into one payment, cuts your interest rate, and creates a 3- to 5-year repayment plan.

Types of free government debt relief programs The federal government has a hand in a surprising number of different loan types, and in doing so, it often sets up pathways for borrowers to get help ...