Debt collection generates more fraud reports to the FTC than any other industry, according to the agency. But even legitimate ...

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 ...

Based in San Mateo, California, Freedom Debt Relief was founded in 2002 with a mission to help Americans who have become overwhelmed by their unsecured debt. Launched during a time of rising consumer ...

AFT lawsuit leads to new agreement restoring income-driven repayment cancellations• Borrowers in multiple federal repayment ...

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 ...

Got credit card debt? You aren’t alone. In the second quarter of 2025, total credit card debt in the U.S. reached a record high of approximately $1.21 trillion, up 5.9% from the previous year. If ...

Not all debts qualify for settlement, but knowing which ones are excluded can help you plan your payoff strategy.

Are debt relief programs legit? Yes. Debt relief, aka debt settlement or debt resolution, is a legitimate industry that can be helpful to people experiencing certain financial difficulties. However, ...

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 ...

Trump’s replacement – called the Repayment Assistance Plan – goes into effect in July 2026. It will calculate monthly costs ...