These moves can help you avoid years of back-breaking interest.

Getting out of debt can be challenging and complex. Short of making minimum payments to chip away at your credit card bills or earning extra money through a side gig, just how do you avoid the dreaded ...

Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off credit card balances and then paying off the new loan. Consolidating ...

MEMPHIS, Tenn. - Americans owe more than one trillion dollars of credit card debt. Memphis is home to the highest rate of severe credit card delinquency among young adults, according to Federal ...

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 ...

If your credit card or personal loan debt has spiraled out of control, which is the case for a lot of borrowers in today's economic climate, hearing that a creditor "wrote off" your balance might ...