Want to settle your credit card debt in the new year? Here's what to do now to increase your odds of approval.

Credit card debt forgiveness: Is it possible? Quick to go up, painfully difficult to bring down. Sound familiar? Most U.S. adults have credit card debt, and if you’re struggling to pay yours off or ...

Lenders typically reserve forgiveness — also known as debt settlement — for borrowers who are clearly struggling and unlikely to repay the full amount otherwise. Here's a breakdown of who generally ...

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 ...

Credit card debt forgiveness is when your creditor agrees to accept less than the full amount you owe. Credit card companies and debt collectors may forgive some of your debt if you have a significant ...