If you’re stuck in credit card debt, it can feel hopeless. With increasing payments, ballooning debt balances and massive interest charges — credit card debt can get out of control quickly. Try This: ...

If you’re struggling with high interest rates or mounting credit card debt, learning how to negotiate with credit card companies can help you save money and regain control of your finances. Many ...

No one enjoys being hounded by debt collectors. When you have long overdue credit card debt, it can seem like there’s no way out. But there are steps you can take to settle your old debt and get ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. You can get rid of credit card debt ...

While debt settlement can reduce the amount of money you owe creditors, you could be liable for taxes on the canceled debt—but it depends on the type of debt.

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 ...

J.R. Duren is a content marketing writer for CBS MoneyWatch's Managing Your Money team. On average, debt settlement programs result in paying 30% to 50% less than the full balance on successful ...

SPONSORED CONTENT is content paid for by a partner. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Money Research Collective’s editorial team ...

"Federal Trade Commission rules include an advance-fee ban," says Pack. "This rule prohibits a debt relief company from ...

Debt settlement is one solution for unaffordable debt, and there are lawyers and companies that settle debt for their clients. However, professional debt settlement can be expensive, depending on whom ...

If you find yourself in too much debt to keep up with, you might be able to negotiate with your credit card issuer to settle some of your debt. Debt settlement works by negotiating with an issuer ...

SPONSORED CONTENT is content paid for by a partner. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Money Research Collective’s editorial team ...