There are potential benefits and downsides to debt consolidation.

Before applying for a debt consolidation loan, ensure you meet lender requirements. Many set a minimum credit score, maximum debt-to-income (DTI) ratio and require consistent income. Calculate DTI by ...

A debt consolidation loan can help you streamline credit cards and other high-interest debt, but favorable terms often ...

Life doesn't always go according to plan, and that applies to finances too. For many Americans, unexpected medical bills or simply the accumulated weight of high-interest debt can create financial ...

Tools like balance transfer cards, loan refinancing, and nonprofit counseling can help Americans cut interest and pay off ...

Getting rid of debt is a goal many Americans have. Not only does eliminating debt improve your financial health, but it is also likely to have a positive impact on your mental health. Assessing your ...

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Republicans’ “big beautiful” bill, if enacted as drafted, would make some of the biggest changes to the federal student loan system in decades. GOP House and Senate lawmakers’ proposals would ...

For retirees relying on Social Security, any amount of debt can feel like a heavy weight that can't be managed over the long term. These retirement benefits are designed to cover basic living expenses ...

Student loan borrowers who haven't paid their debt now face seeing their wages garnished, Social Security benefits reduced, and more as debt collection resumes in 2025. A five-year break that began as ...

Republicans' "big beautiful" bill, if enacted as drafted, would make some of the biggest changes to the federal student loan system in decades. Stream NBC 5 for free, 24/7, wherever you are. GOP House ...