Debt consolidation can be a strategic financial move, but its effectiveness depends on individual circumstances and choices. Recent insights highlight the use of home equity loans for this purpose.

WASHINGTON — Managing debt can be complicated. We sat down with a financial expert to look at the pros and cons of debt consolidation. Debt consolidation is a financial strategy that involves rolling ...

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 ...

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a home that builds equity over time. A car loan can be considered bad debt ...

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 ...

SPONSORED CONTENT is content paid for by a partner. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Money Research Collective’s editorial team ...

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 ...

If you’re dealing with high-interest debt, a low-interest credit card may provide an effective way to consolidate your debt and help you pay less interest. A low-interest credit card offers a lower ...

If you’re struggling to manage multiple monthly credit card payments, a credit card consolidation loan can simplify your ...

If you have multiple streams of debt, like high-interest credit cards, medical bills or personal loans, debt consolidation can combine them into one fixed monthly payment. Getting a debt consolidation ...

SPONSORED CONTENT is content paid for by a partner. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Money Research Collective’s editorial team ...