Age, education and even regional differences influence whether people pay off their balances or fall behind, new research ...

Investopedia found Debt Payoff Planner to be the best option for people focused on paying down multiple debts quickly and for as little interest as possible.

These challenges are why many people consider consolidating their credit card debt with a personal loan. When to use a personal loan for credit card debt. Debt consolidation works ...

Debt consolidation and bankruptcy are strategies to relieve debt, but the effects are radically different. Bankruptcy can ...

Bankruptcy damages your credit and stays on your credit reports for years. Fortunately, you can rebuild your credit score ...

I'm always on the lookout for apps or tools that can make personal finance easier and more accessible for everyone. Over the ...

An increase in arrears indicates that consumers are still struggling against economic headwinds that picked up in 2021-2022, bringing inflation, challenging job market conditions, consumer uncertainty ...

The rule suggests allocating 50% of your income to needs, 30% to wants, and 20% to savings or debt repayment ... especially when using credit. “First, don’t get a credit card if you have difficulty ...

A home equity agreement is an arrangement where a homeowner sells a portion of the equity in their home to an investor in exchange for cash. The homeowner must pay back the amount within a specific ...

Saving money is crucial in the journey toward homeownership, but it can feel incredibly challenging to balance saving with ...

If you can't pay the full balance owed but want to resolve the debt, negotiating a settlement for less than the total amount ...

SEATTLE — When you're trying to get out of credit card debt, it can be difficult to see your balance climb and feel like there is no way out. Tori Dunlap, founder of the financial education company ...