Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago. However, that ...

Based in San Mateo, California, Freedom Debt Relief was founded in 2002 with a mission to help Americans who have become overwhelmed by their unsecured debt. Launched during a time of rising consumer ...

Debt feels like a constant weight for many Americans in today's tough economic environment. Credit card balances, personal loans and medical bills can pile up faster than people realize, leaving ...

Most adults in the United States (81%) have at least one credit card, and Americans' total credit card balances broke a new record—more than $1.3 trillion—in July 2025. Credit card debt can be a ...

The term "debt relief" or "debt resolution" generally refers to several ways you might restructure debt to make it more affordable. Debt relief options include debt consolidation, debt management, ...

Discover what a paydown is and how it helps reduce debt for companies and consumers, lowering interest costs and financial burdens.

2025 has brought significant turmoil to global markets, and consumer debt and financial stress are on the rise. Understanding proper debt load is an integral part of managing personal finances. Still, ...

While debt relief solutions may be helpful when organizing and paying down debt, they can easily result in long-term damage ...

Recently, the Federal Trade Commission filed a complaint against seven companies and three individuals operating the "Accelerated Debt" program that falsely claimed to reduce consumers' debt by as ...