Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

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.

If you’re feeling the pinch in your budget from debt payments, you join millions of other Americans facing increasing consumer debt. The Federal Reserve Bank of New York‘s Household Debt and Credit ...