Financial educators bust three common myths about credit card debt — and explain why these negative assumptions can hold us ...

Debt collectors generally descend after a creditor has given up sending bills and resorts to contacting the consumer by phone. Some creditors use in-house debt collectors. Others sell delinquent ...

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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 ...

Debt settlement and bankruptcy are drastic solutions for serious financial problems. Most consumers who qualify for Chapter 7 are better off choosing bankruptcy. Debt settlement can be a better option ...

Debt counseling demand jumps 52% as millennials struggle with $40,438 average student debt and record $1.21 trillion in ...

Dave Ramsey didn’t mince words in a recent social media takedown of American spending habits. “You’re not broke because you ...

Dealing with delinquent tax debt can be scary, even for the most seasoned taxpayers. If you don't pay off what you owe quickly, the letters from the Internal Revenue Service (IRS) arrive with ...

The national debt has grown to more than $37 trillion. There is mounting concern in some quarters over how soon the ballooning debt will impact the lives of everyday Americans. As Paul Solman explains ...