PORTLAND, Maine — To get a general snapshot of bankruptcy demographics, the Institute for Financial Literacy said it surveyed clients who are in financial distress and seeking credit counseling and ...

From left: Mark Strum, sales representative, Ricci Hendershot, sales representative and Jessica Kerns, vice president, all of United Security Agency and Executive Director Shelenne Shrewbury, Program ...

Credit counseling is a way to help those overwhelmed by debt or unable to manage their expenses. In credit counseling, you’ll work with a credit counselor to review your finances and find out what you ...

Credit counselors reported a significant surge in demand for financial counseling services so far this year, warning that the trend signals an increase in financial distress among U.S. consumers.

Credit card debt this year is at an all-time high, and more and more cash-strapped consumers add to those numbers every month. If you are getting deeper and deeper in debt on your credit cards, you ...

SAN DIEGO — The holidays can be the best time of the year, if you don't slip into debt buying gifts for your loved ones. If you're already there, the nation's largest non-profit credit counseling ...

We all know the feeling. Our financial commitments exceed our income. We use credit cards, pay advances, home equity loans and family to cover the expenses. And then we owe money to those creditors.

COLUMBUS, Ohio — The weight of rising prices is pressing down on Americans, and for many, the go-to solution is credit cards. Jannette Adewunmi, a 32-year-old from Columbus, knows this struggle all ...

The Consumer Credit Counseling Service will celebrate the opening of a new office in Niagara Falls today. The Niagara County Financial Literacy Coalition is an economic empowerment initiative of ...

A new survey from Consolidated Credit, a nonprofit credit counseling organization, shows that 36 percent of Americans ...

No sooner had I read the latest statistics on consumer debt in the U.S. (also known as household debt, credit card and other unsecured debt) than a message washed up on my desk echoing the same matter ...