Americans now hold a record $1.21 trillion in credit card debt, but some consumers could have their bills cut in half.

What may be surprising, though, is that the very tool that got you into debt could also be your way out. Credit cards, when ...

A Pasadena-based financial institution will be paying off the smaller, consumer debts of families in Altadena and the ...

Having debt written off may sound like you're getting a clean slate, but it can come with lasting consequences.

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New York City announced in October that it has canceled nearly $135 million in medical debt for more than 75,000 New Yorkers.

The state program has wiped out billions in debt for millions of North Carolinians. But high deductibles and uncovered ...

Bad debt can also affect your credit. Your credit utilization, which is the percentage of your available credit that you're using, plays a major role in your credit score. High balances and maxed-out ...

The Education Department is attempting to disqualify employers whose staff with student loans would no longer be eligible for ...