With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Credit card debt is a growing issue nationwide and it is weighing heavily on many households as we move through the second quarter of 2025. For example, recent data shows the average cardholder is ...

If you're starting to doubt your ability to effectively pay down your credit card debt, you're not alone. According to a recent report, credit card balances totaled $1.18 trillion in the first quarter ...

You might have seen ads promising that you can settle your debt for much less than you owe. If you have a lot of debt with accompanying and persistent collection calls, you might wonder if these ...

Americans are carrying record levels of credit card debt right now, with the average cardholder owing about $8,000 in total. While carrying this type of debt is never ideal, especially at today's ...

Debt management restructures your debt so you can pay it off. Debt settlement involves some amount of debt forgiveness. If you don't qualify for debt management, debt settlement might work for you.