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Debt Management

Explore strategies for managing and reducing debt, including consolidation, snowball/avalanche methods, and settlement options to achieve financial freedom.

Navigate the path to financial freedom with our comprehensive Debt Management resources. Discover strategies like debt consolidation, snowball, and avalanche methods, along with settlement options to help you pay off debt efficiently. Explore subtopics, find answers to common questions, and delve into studies and research tailored to reducing debt balances. Whether you’re starting your journey or seeking advanced strategies, our articles provide the guidance you need to regain control of your finances.

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Explore Debt Management Subtopics and Resources

Explore Debt Management to master reducing debt. Discover strategies like debt consolidation, snowball, and avalanche methods, alongside settlement options, to efficiently minimize balances and enhance financial well-being.

Consolidation

Combining multiple debts into one account for easier management and potentially lower interest rates.

Credit Card

Explore effective methods to eliminate credit card debt, improve your financial health, and achieve financial freedom.

Studies

Explore key studies on Debt Management, offering insights into effective payoff strategies, consolidation, and settlement options. These valuable resources help consumers understand and reduce their debt efficiently.

23 Credit Card Delinquency Rate Statistics

By: Zina Kumok 3/31/2026

Being delinquent on a credit card means that you’re at least 30 days late — or more — paying your bill. It might sound strange, but there’s a huge... Read More »

These 10 States Still Haven’t Paid Off Last Year’s Gifts

By: Lynn Cadet 12/8/2025

As Americans enter the final stretch of 2025 holiday shopping, many are still paying for last year’s celebrations. A recent CardRates.com study found that... Read More »

1 in 4 Americans Still Carry Last Year’s Holiday Credit Card Debt

By: Lynn Cadet 11/24/2025

As Black Friday approaches, Americans are gearing up for another annual round of holiday shopping. But here’s the kicker: Many are still carrying last... Read More »

47% of Americans Blame Tariffs for Rising Card Debt

By: Lynn Cadet 9/8/2025

Tariffs aren’t just economic talking points. They’re creating real-world strain for consumers, including the very generations trying to build financial... Read More »

Industry News

Stay informed on the latest in Debt Management industry news, including regulatory updates, market trends, and company innovations, to gain insights into how these developments may impact services and strategies for reducing debt.

Revolving Credit on the Rise, Federal Reserve Says

Revolving Credit on the Rise, Federal Reserve Says

The use of revolving credit is on the rise in the U.S., according to recent data from the... Read More »

Andrew Allen 12/10/2025

Debt Climbs to $18.6T While Prime Consumers Keep Paying

Debt Climbs to $18.6T While Prime Consumers Keep Paying

According to the New York Fed, total household debt was $18.6 trillion in the third quarter, an... Read More »

Eric Bank 11/13/2025

Delinquent Student Borrowers Shelve Credit Card Payments

Delinquent Student Borrowers Shelve Credit Card Payments

With federal student loan collections resuming, borrowers are now more likely to pay those... Read More »

Andrew Allen 9/25/2025

Three Out of Five Credit Card Users Carry a Balance

Three Out of Five Credit Card Users Carry a Balance

Times are tough for the American consumer. The stock market slumped during the first three... Read More »

Andrew Allen 4/5/2025

Opinion: Why Seniors Struggle to Retire Credit Card Debt

Opinion: Why Seniors Struggle to Retire Credit Card Debt

I love a good retirement ad. They usually feature Adirondack chairs, a sunset, and of course... Read More »

Bobbi Rebell 3/24/2025

Opinion: The Sweet Spot Between Debt, Delinquency

Opinion: The Sweet Spot Between Debt, Delinquency

Per Federal Reserve data, the total credit card debt in the United States hit a whopping $1.14... Read More »

Erica Sandberg 3/3/2025