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 ...
For many families, credit card debt is a huge source of stress, and when the bills keep piling up, it might seem like there’s ...
"Federal Trade Commission rules include an advance-fee ban," says Pack. "This rule prohibits a debt relief company from ...
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 ...
Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago. However, that ...
The CFPB’s role in enforcing consumer protections may diminish as the federal agency undergoes changes and possible elimination. Consumers can still report issues to the FTC, OCC and state attorneys ...
The Federal Trade Commission is continuing to police operations that bill themselves as offering consumer debt relief. According to a news release, a federal court at the FTC’s request has temporarily ...
Despite rising inflation and elevated interest rates, Americans are still using their credit cards. A Boston Federal Reserve ...