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 ...

It only takes one serious financial setback — whether it's a layoff, a medical issue or an unexpected major expense — to suddenly find yourself behind on bills. After all, life can throw curveballs ...

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 ...

A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits. By Ann Carrns ...

It happens to the best of us — you charge too much on your credit card, and when the bill comes, you find you can’t make even the minimum payment. Maybe you had a financial emergency or job loss, or ...

Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...

Olivia Peluso is an experienced journalist with over 1,500 published stories across personal finance, economics, and public policy. Pekic / Getty Images Tax refunds aren't free money. They're ...

Medical bills that may range from hundreds to thousands of dollars can be stressful and frightening. Debt, especially from events you can’t control, can create an even wider range of emotions. It’s ...