We may be just a couple of months into the new year, but there has already been plenty of bad news about debt levels in the U.S., signaling that the issues we saw in late 2024 are continuing into 2025 ...

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 ...

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, ...

Revenue from the corporate income tax should fund debt repayment and capital projects, and not a stability fund, an economist has said. The Tax Reform Commission Report released last week suggested a ...

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 ...

While headlines focus on inflation, market instability, and job growth, another crisis has been quietly unfolding: student loan debt. As of April 2025, roughly 5.8 million federal student loan ...

Debt relief isn’t a quick fix for money problems. The process, also called debt settlement or debt resolution, involves paying a company to negotiate with your creditors in hopes of getting them to ...