Americans are carrying record levels of credit card, auto, and personal loan balances, and the strain is showing up in missed payments, rising stress, and delayed life plans. Getting those obligations ...

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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. After all, a lot can happen between defaulting on a debt and it landing ...

Juggling multiple debt payments can be overwhelming, especially if you don’t feel like you have an ending in sight. The truth is that your debt isn’t a life sentence, and there are debt relief tools ...

Cutting debt will not only save money; it could up your credit score ...

Financial expert Dave Ramsey is breaking down his strategy for young Americans trying to regain control of their debt. On "America Reports," Ramsey laid out his "7 Baby Steps to Take Control of Your ...

WILLIAMSBURG, Va. — It's very easy to get in over your head with finances. You get a loan or open a credit card and next thing you know, if you’re not vigilant on payments, collectors are calling.

MEMPHIS, Tenn. - Americans owe more than one trillion dollars of credit card debt. Memphis is home to the highest rate of severe credit card delinquency among young adults, according to Federal ...