Borrowers are cutting back but still struggling to escape debt, Freedom Debt Relief and Money.com study finds

Nearly half can make only minimum payments or are behind, while 79% would accept a credit-score decline to become debt free faster SAN MATEO, Calif., Oct. 1, 2026 /PRNewswire/ — Americans carrying substantial unsecured debt are cutting everyday expenses, drawing from retirement savings and trying multiple repayment strategies, yet many still cannot make meaningful progress,…