New AI tools promise to negotiate with creditors for less than debt relief companies charge, but is this really the best approach? J Studios/Getty Images

Credit card debt has reached staggering heights nationwide, with the total rising over $1.21 trillion in mid-2025. The average American household now carries more than $7,000 in credit card debt , and with average card rates hovering above 21% , many people find themselves trapped in a cycle where minimum payments barely chip away at the principal balance. So, it's no wonder that a large percentage of cardholders report that they're struggling to keep up with their payment obligations — and it's perhaps even less surprising that many of these cardholders are looking for simple but effective ways to tackle their debt

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