Debt relief: Benefits, costs, and frequently asked questions
Learn what debt relief is, explore different options, and find out how to manage and reduce your debt effectively.
Debt
How to lower your credit card interest rate
Unlock strategies to lower your interest rates on loans and credit cards. Improve your credit score, negotiate with lenders, and save on interest.
We did the math: How long it takes to pay off $10,000 of debt
We compared four debt repayment options for credit card debt: minimum payments, extra payments, a debt consolidation loan, and a debt settlement program.
AOC wants to cap your credit card interest at 10%. A chart shows how current rates dwarf that amount.
A credit card interest rate cap proposed by Alexandria Ocasio-Cortez comes as APRs jumped to 21% last year.
Ray Dalio says he had a 'frank' discussion with the GOP about US debt and the 'mechanics behind how countries go broke'
Dalio said he had a "frank apolitical discussion" about the national debt with House Budget Chair Jodey Arrington and other Republicans
That $20 burrito you order from DoorDash could now cost you $70
Doordash and Klarna are partnering so you can pay for your burrito in installments. Take a beat before you click yes on the option.
Understanding debt charge-offs
Unravel what a debt charge-off means for your finances. This guide covers the implications of having a debt charged off, how it affects your credit, and steps to take afterward.
Recession alarms are ringing on Wall Street. Here are 4 warnings economists are pointing to.
Recession talk is growing, with Goldman Sachs raising its recession probability to 20% recently. Pain is also being felt in households and the stock market.
Wall Street's hottest trade is coming to retail investors. Here's why experts are warning about buying into private credit.
Private credit has exploded in popularity, but it might not be the best fit for your portfolio.
Being mortgage-free has transformed my life. I travel more, enjoy my work, and axed my credit debt.
After Lucy Thorpe got divorced, she sold their house, paid off the mortgage, and bought a new home outright. Now, she's living her best life.
Meet the people curbing their consumerism and needless spending with a 'low-buy year'
The "low-buy year" trend reflects some consumers' desire to curb spending, reduce debt, and prioritize financial health over conspicuous consumption.
You can pay to get debt relief — but most people overlook 3 key facts before signing up
Debt relief is not as easy as it seems. It can be expensive, drop your credit score — and it doesn't always work.
Americans have dug themselves into a credit card hole
Americans are deep in credit card debt, with card balances hitting a record $1.17 trillion in the third quarter of 2024.
Buy-now-pay-later services make it very easy to spend — and influencers are sounding the alarm
Content creator Jess Riley has shared her debt journey on TikTok and says BNPL, combined with micro-fashion trends, almost led her to financial ruin.
US corporate bankruptcies hit a 14-year high in 2024 amid high rates and record debt levels
A total of 694 companies filed for bankruptcy in the US last year, the most seen since the years following the financial crisis, according to S&P Global.
My health insurance covered nearly $900K after 26 days in the ICU, but the real financial battle started after I left the hospital
Stella Shon experienced a life-threatening reaction to over-the-counter medication. After she left the ICU her insurers denied her ongoing claims.
I have 2 options to finally pay off my pandemic debt, so I asked a financial planner how to choose
I took on a lot of debt during the pandemic. Taking care of it is a priority, but I want to make sure I do that strategically.
6 charts show why Gen X is so bummed about money right now
One Gen Xer said she just wanted to be able to go out for dinner and have a couple glasses of wine once a week. High costs and debt make that difficult.
Money lessons from older Americans who learned the hard way
Six older Americans shared advice on saving, investing, and preparing for retirement.
Janet Yellen expects the US to hit debt limit before the end of January
Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from defaulting on its debt.