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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.

54% Would Trade Digital Privacy for a Debt-Free Life

By: Jon McDonald 4/30/2024

In an era where Americans face unprecedented credit card debt of $1.13 trillion, the cycle of debt repayment — often confined to interest alone — has... Read More »

Cities Motivated to Pay Off Card Debt in 2023

By: Mike Senecal 12/8/2023

The Federal Reserve Bank of New York’s Q3 Household Debt and Credit Report found that Americans collectively hold $1.08 trillion in credit card debt. Yet... Read More »

38% of Americans Expect to Rack Up Holiday Card Debt

By: Ashley Fricker 11/17/2023

Of the survey participants who expect to carry card debt, 78% said they hope to pay their balances off in one to three months or less. We know credit card... Read More »

Cardholders are Falling Behind on Payments

By: Marcie Geffner 11/1/2023

Making your credit card payment on time every month is one of the best things you can do to protect or improve your credit score. But not everyone can make... 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.

Credit Card Delinquency Rate Hits 15-Year High in 2026

Credit Card Delinquency Rate Hits 15-Year High in 2026

Inflation and high interest rates are causing serious financial stress for many consumers and... Read More »

Lucy Lazarony 6/4/2026

Opinion: 3 Red Flags Showing Prime Borrowers Aren’t Safe

Opinion: 3 Red Flags Showing Prime Borrowers Aren’t Safe

Just when you thought you could count on wealthier consumers to be a stable source of... Read More »

Erica Sandberg 3/23/2026

California Cracks Down on Debt Collection Practices

California Cracks Down on Debt Collection Practices

Credit One Bank has agreed to settle a lawsuit over the institution’s debt collection... Read More »

Andrew Allen 2/26/2026

Garnishments May Reshape Cardholder Cash Flow

Garnishments May Reshape Cardholder Cash Flow

The U.S. Department of Education is sending notices this month to student loan borrowers who... Read More »

Andrew Allen 1/7/2026

How the K-Shaped Economy Is Reshaping Credit Cards

How the K-Shaped Economy Is Reshaping Credit Cards

The K-shaped economy was one of the top stories of 2025, and credit card issuers should be... Read More »

Lucy Lazarony 12/19/2025

Card Balances Seen At $1.18T in 2026; Delinquencies Steady

Card Balances Seen At $1.18T in 2026; Delinquencies Steady

A TransUnion study predicts moderate growth in credit card balances and stable delinquency... Read More »

Lucy Lazarony 12/10/2025