Many Americans are deep in the red. In fact, household debt hit $18.59 trillion in the third quarter of 2025, according to the Federal Reserve Bank of New York. As people find themselves drowning in ...

An Ohio man says a debt relief company’s promises left him worse off, and FTC data shows thousands of other consumers ...

Consumer adviser Clark Howard warns that promises of student loan debt forgiveness are likely scams. Millions of Americans overwhelmed by student loan debt are targeted by scammers pretending to offer ...

The message comes from an entity like the "Student Loan Relief Center." A voice says you “now qualify” for forgiveness of your student loan debt.

"Debt relief" is a broad term, and it can refer to everything from negotiating with your creditors on lower rates and fees to enrolling in a structured debt management program. Each option promises ...

Student loan borrowers were targets for scams before the coronavirus pandemic hit. The longer people struggle, the more desperate they become, and that’s when scammers and fraudsters thrive. “They’re ...

Americans are feeling a credit crunch: U.S. consumers held a record $1.21 trillion in credit card debt in the second quarter of 2025, according to the New York Fed. Nearly half of cardholders carry a ...