With the average American carrying nearly $8,000 in credit card debt and card rates hovering near historic highs, debt-related stress has become a daily reality for millions of households. In today's ...

Debt consolidation is a good idea if it helps you meet your financial goals, but not if you use it to free up revolving credit or refuse to change how you spend and manage your money.

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 ...

For many Americans, debt isn’t just a balance on a screen—it’s a daily weight. In a 2025 survey by financial services company ...

Debt consolidation can serve as a powerful tool for organizing and reducing your debt—if chosen wisely and managed with discipline.

Let’s say the bills keep stacking up, and your income just isn’t stretching like it used to. You're not spending wildly, you’re just stuck. At some point, you start Googling solutions. And if you’ve ...

WASHINGTON — Managing debt can be complicated. We sat down with a financial expert to look at the pros and cons of debt consolidation. Debt consolidation is a financial strategy that involves rolling ...

If you’re dealing with high-interest debt, a low-interest credit card may provide an effective way to consolidate your debt and help you pay less interest. A low-interest credit card offers a lower ...

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 ...

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