5 best companies for credit card debt forgiveness

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Find out what some of the best companies are to help you reduce your credit card debt.

While inflation has been slowing down recently, years of rising costs and high interest rates have weighed on many Americans. So, if you're now struggling to pay off high-interest credit card debt, know that you're not alone. Since the end of 2021, credit card delinquencies have been increasing in the US, with over 10% of credit card balances at least 90 days delinquent, according to the New York Fed.

Note, however, that reviews are mixed, as the company scores well on Trustpilot but poorly on the BBB's site.Freedom Debt Relief: Best for a free consultationFreedom Debt Relief is one of the most popular and also one of the best debt relief companies. The company claims it has helped over 1 million people since 2002 with its debt settlement program that helps you negotiate savings with creditors.

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