How to know when credit card debt forgiveness is the wrong call (and what to do instead)

There are situations in which debt forgiveness is the right call, but it isn't a one-size-fits-all answer for borrowers. J Studios/ Borrowers have been racking up credit card debt at a surprisingly rapid pace recently, and it's causing major issues for many people's budgets. Not only do borrowers hold a record $1.23 trillion in credit card debt right now, but nearly half of cardholders carry a balance from month to month, according to a recent analysis of consumer credit data by The Century …