Paying off collections debt isn't always the clear win it looks like. Here's how to decide what path to take.

The right strategy can help you wipe out debt in just six months. Here are eight steps financial expert Ramit Sethi suggested in a recent YouTube video.

Learn the best strategies for whittling down what you owe, depending on how much debt you have. This page includes information about these cards, currently unavailable on NerdWallet. The information ...

Debt levels in the U.S. are climbing higher than ever, and the strain is being felt across millions of households. Borrowers are carrying larger balances overall in terms of their debt loads, and ...

These consolidation loan alternatives can help you simplify your payments without adding to your debt.

"Less ideal debt" is for buying an asset that drops in value, like a car loan, or has a high interest rate, like credit cards. "Necessary debt" is used to buy an asset that can rise in value, like a ...

Nobody ever said debt was fun and it’s not. It’s emotionally and financially stressful, especially when you find yourself in an endless cycle of trying to pay it off. But that doesn’t mean you should ...

Accredit Debt Relief reports making only minimum payments on credit cards prolongs debt and increases costs, while paying ...

They promise help with debt from credit cards and other bills. Some of these companies are actively calling and emailing people in need of help. And that is one of the first red flags. There are real, ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

Dealing with debt on a fixed income can feel daunting. Most know that paying off their liabilities could finally leave some breathing room in their budget, which is especially important when strapped ...

Most personal loan lenders prefer applicants with good to excellent credit scores, which means a FICO Score of at least 670.