Debt forgiveness can be a smart strategy to use, but for some borrowers, it creates more problems than it solves.

Credit card interest rates remain high right now, driven up, in part, by the Federal Reserve's rate hikes that occurred in 2022 and 2023. While the increases were aimed at combating inflation, they ...

In short, yes, you can qualify for credit card debt forgiveness if your wages have been garnished. Proof of garnishment may actually help boost your case for forgiveness, as it demonstrates a tangible ...

Credit card debt forgiveness: Is it possible? Quick to go up, painfully difficult to bring down. Sound familiar? Most U.S. adults have credit card debt, and if you’re struggling to pay yours off or ...

If you've taken out a personal loan, used a credit card or bought a home with a mortgage at any point in the last couple of years, you're likely well aware of how challenging today's borrowing ...

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 ...