If you're having trouble paying your credit card bills every month, a debt management plan from a nonprofit credit counseling agency might be the help you need. A debt management plan has less effect ...

Debt settlement can help you get out of debt by reducing the amount you owe, but it’s risky and you may have other options. Many, or all, of the products featured on this page are from our advertising ...

While debt consolidation programs can help organize your repayments into a simplified plan and help you save a bit of money, you could take a negative hit to your credit score. If you’re struggling to ...

Debt management restructures your debt so you can pay it off. Debt settlement involves some amount of debt forgiveness. If you don't qualify for debt management, debt settlement might work for you.

If you're struggling with high amounts of debt and are unable to get the issue under control, the promises made by debt management companies — items like "reduce your payments," "consolidate your debt ...

Debt consolidation is a repayment strategy that involves combining multiple debt balances into a single loan or line of credit. The goal is to make the “new debt” more manageable by having one lender, ...

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 JG Wentworth, it was found that nearly half of respondents worry about ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Turning five or six debts into just one manageable payment isn't ...

There are several ways to deal with overwhelming debt, and the right one for you depends on the severity of the problem and the resources you have. If you’re exploring debt management vs. debt ...