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 ...

Debt consolidation is a good idea if it helps you meet your financial goals, but not if you use it to free up revolving credit or refuse to change how you spend and manage your money.

New research has revealed how long it takes people with multiple debts to pay them off, with many taking more than three ...

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 ...

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 ...

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 ...

WASHINGTON — Managing debt can be complicated. We sat down with a financial expert to look at the pros and cons of debt consolidation. Debt consolidation is a financial strategy that involves rolling ...

If you’re struggling to manage multiple monthly credit card payments, a credit card consolidation loan can simplify your ...

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a ...

Debt consolidation can serve as a powerful tool for organizing and reducing your debt—if chosen wisely and managed with discipline.

If you’re dealing with high-interest debt, a low-interest credit card may provide an effective way to consolidate your debt and help you pay less interest. A low-interest credit card offers a lower ...

Let’s say the bills keep stacking up, and your income just isn’t stretching like it used to. You're not spending wildly, you’re just stuck. At some point, you start Googling solutions. And if you’ve ...