3 reasons why debt relief could be worth pursuing this September

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.

August 31, 2026 / 3:10 PM EDT / CBS News

As this year has progressed, the process of managing debt has become a lot more challenging for borrowers. Earlier hopes that borrowing and rate conditions would steadily improve have been upended by persistent inflation and renewed uncertainty over where the economy — and, in turn, borrowing costs — go from here. Those types of issues can have a big impact on a wide range of borrowers, but the ongoing uncertainty is particularly difficult to ignore for those who are already stretched by monthly debt payments.

And, this September, borrowers who have been waiting for some relief from those high-rate, inflationary pressures may need to reconsider whether waiting for the landscape to change still makes sense. After all, when you're already struggling to keep up with what you owe, delaying action can mean spending more money on interest while making limited progress on your balances. And depending on what happens next with the economy, the conditions for paying down certain types of debt could become even more challenging.

That's where the…

Original source: https://www.cbsnews.com/moneywatch/