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 ...

The math is brutal. At an average interest rate of 22%, all it takes is a revolving credit card balance of a few thousand dollars to find yourself in serious trouble, especially as the interest ...

With the average American carrying nearly $8,000 in credit card debt and card rates hovering near historic highs, debt-related stress has become a daily reality for millions of households. In today's ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. What makes this environment particularly challenging, though, is the ...

While headlines focus on inflation, market instability, and job growth, another crisis has been quietly unfolding: student loan debt. As of April 2025, roughly 5.8 million federal student loan ...