A cash-out refinance can lower your interest payments, but it also puts your home on the line. Here's how to decide if it's the right move for your debt.

Debt levels in the U.S. are climbing higher than ever, and the strain is being felt across millions of households. Borrowers are carrying larger balances overall in terms of their debt loads, and ...

Paying off debt is often difficult, and sometimes requires a little creativity.

It's the time of year when even the best-laid budget plans get thrown aside, and credit-card balances start climbing. During the holiday season, it's common to set expectations high, which can easily ...

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 ...

Still feeling the pinch from last year's holiday spending, let's talk about some strategies for paying off that lingering credit card debt. On average, Americans charged more than $1200 over the ...

Credit card debt is often the most costly type of debt Americans can take on, largely due to the incredibly high interest rates many cards carry. On top of credit card debt being at a record high, the ...