Revolving credit card debt (meaning balances carried from month to month) has increased by more than 4% over the past year, according to NerdWallet’s most recent annual analysis of household debt. As of September 2025, households with this type of debt now owe $11,413, on average.
If debt reduction is on your list but feels overwhelming, debt relief can help reduce or restructure your debt so it’s easier to pay down.
The right option depends on your situation and may involve negotiating with your creditors, enrolling in a debt management plan or filing for bankruptcy. The effort to reduce your debt may feel huge, but most important is taking that first step.
“Debt relief” can mean different things, but generally the main goal of any…