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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.

GreenPath™ Nonprofit: Guiding Your Financial Journey

GreenPath™ Nonprofit: Guiding Your Financial Journey

GreenPath was born as a budgeting and financial education service out of the Michigan Credit... Read More »

Ray FitzGerald 8/3/2017

Bills.com Helps Americans with Options for Getting Out of Debt

Bills.com Helps Americans with Options for Getting Out of Debt

Consumer debt remains one of the biggest challenges many Americans face in their struggle for... Read More »

Mike Randall 6/30/2017

Payoff Finds that 1 in 4 Americans Have Acute Financial Stress

Payoff Finds that 1 in 4 Americans Have Acute Financial Stress

Payoff, a lender that blends psychology with finances, recently released a groundbreaking study... Read More »

Amber Brooks 5/20/2016

Student Loan Hero Helps Shrink Student Loan Debt

Student Loan Hero Helps Shrink Student Loan Debt

Andy Josuweit created Student Loan Hero to help make sense of the student loan repayment... Read More »

Lauren Keys 4/5/2016

Money Under 30: How David Weliver Paid $80K in Debt in 3 Years

Money Under 30: How David Weliver Paid $80K in Debt in 3 Years

David Weliver paid off $80,000 in combined student loan and credit card debt in just three... Read More »

Ashley Fricker 12/2/2015