Credit card debt forgiveness: Is it possible? Quick to go up, painfully difficult to bring down. Sound familiar? Most U.S. adults have credit card debt, and if you’re struggling to pay yours off or ...

Credit card interest rates remain high right now, driven up, in part, by the Federal Reserve's rate hikes that occurred in 2022 and 2023. While the increases were aimed at combating inflation, they ...

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 ...

Learn about the Credit Card Accountability Act, which safeguards users from abusive credit card practices, reduces fees, and improves transparency in the financial world.

Quick to go up, painfully difficult to bring down. Sound familiar? Most U.S. adults have credit card debt, and if you’re struggling to pay yours off or are falling behind on your payments, you’re not ...

Credit card debt forgiveness is when your creditor agrees to accept less than the full amount you owe. Credit card companies and debt collectors may forgive some of your debt if you have a significant ...