They promise help with debt from credit cards and other bills. Some of these companies are actively calling and emailing people in need of help. And that is one of the first red flags. There are real, ...

SAN MATEO, Calif., Nov. 12, 2025 /PRNewswire/ -- Freedom Debt Relief, one of the nation's largest debt settlement companies, has earned multiple top honors in 2025, solidifying its standing as one of ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, it's no wonder that debt relief companies are experiencing a surge ...

When the debts you owe start controlling your life instead of the other way around, debt relief companies suddenly seem like they're everywhere, promising quick fixes and financial freedom. Their ads ...

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 ...

Recently, the Federal Trade Commission filed a complaint against seven companies and three individuals operating the "Accelerated Debt" program that falsely claimed to reduce consumers' debt by as ...

Nearly 175 million Americans carried credit card debt into the holiday season, according to TransUnion data. With balances ...

Schemes allegedly took in millions in up-front fees but provided no assistance. — -- Federal and state authorities are cracking down on multiple purveyors of so-called “student loan debt relief,” ...

Some student-loan companies have "illegally" sent borrowers' debt back to collections after a bankruptcy discharge. The CFPB has put them on notice.