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 ...

With credit card balances surging now, a forgiveness program could be worth exploring. Here's how to qualify.

When a credit card issuer agrees to forgive a portion of your balance, you may receive an official letter stating that a portion of your debt has been forgiven. This marks a significant milestone in ...

Taking the right steps now could help you get relief from your overwhelming credit card and personal loan balances.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But how much relief can debt forgiveness really provide right now on a ...

WASHINGTON — Federal bank regulators have rejected a request by banks and consumer advocates for a program to let lenders forgive huge portions of credit-card debt. The Office of the Comptroller of ...

If you feel like you are drowning in credit card debt, you are not alone. According to the Urban Institute, "Americans have increasingly been relying on credit cards to make ends meet, with 6 in 10 ...

Collectively, Americans owe $1.28 trillion on their credit cards, according to a new report by the Federal Reserve Bank of New York.