A goodwill letter is a formal written request asking a creditor to remove a negative mark, like a late payment, from your credit report. Goodwill letters are most effective if your payment history and ...

Freedom Debt Relief reports stopping bill payments can lead to late fees, credit damage, collection efforts, and potential ...

Debt relief encompasses a variety of strategies, including creditor hardship programs, debt settlement, debt management, debt consolidation and bankruptcy. The debt relief option that will work the ...

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 ...

Nearly 70 organizations asked the Education Department to continue discussing student-debt relief. They want the department to add another negotiation session to discuss borrowers with hardships. Some ...