There are multiple debt relief strategies worth exploring now. Here's what experts recommend borrowers do next.

For example, if you owe $2,000 on a credit card debt that's gone to collections, the collection agency might tack on an additional $500 to $1,000 in collection costs.

Take control of your high-rate credit card debt today.. 7 credit card fees that increase the cost of your debt. If you're a cardholder, be sure to keep an eye out for these fees, which could have ...