Embarking on a journey towards a debt-free life may seem daunting, but with discipline and strategic planning, it's entirely achievable....
10 Practical Tips to Get Out of Debt Quickly
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Debt
Understanding how to get out of debt — or more importantly, how to avoid it altogether — can be overwhelming.
So we put together our top articles, guides, and resources about paying off debt, debt consolidation options that may help you, and getting you back on the road to financial recovery!
Survey Reveals Student Loan Challenges and the Need for Solutions
Credit & Debt®, an IDIQ® financial wellness platform dedicated to empowering people to make smarter financial decisions, recently...
Pros and Cons of Clearing Old Delinquent Credit Card Debt
Managing finances involves a nuanced understanding of when to address old delinquent credit card debt and when to proceed with caution....
Top 5 Tips: How to Successfully Clear Your Credit Card Debt
Clearing your credit card balances is a pivotal step toward achieving true financial freedom. Credit & Debt understands the importance...
Good Debt and Bad Debt: A Practical Guide
Before embarking on any borrowing endeavor, it's imperative to evaluate whether the loan aligns with your financial objectives. By...
Does Debt Relief Hurt Your Credit?
As we approach Debt Awareness Week, the average American household now has more than $100,000 in debt. Total household debt has...
Understanding Debt-to-Income Ratios: A Complete Guide
What is a Debt-to-Income Ratio? If you've been exploring mortgage loans recently, you've likely encountered the term "debt-to-income...
The Hidden Costs of Debt (And How to Break Up With It)
Debt is an almost inescapable companion in the modern financial landscape. The financial burdens that come with it are obvious, but the...
How to Get Out of Debt and Manage Finances in 2024
Is your New Year’s resolution to get out of debt and manage your finances better in 2024? As we step into the New Year, it's essential to...
7 Ways to Lower Student Loan Payments
We've all been there. That moment when you peek at your bank statement, only to get that sinking feeling. You realize a chunk of your...
How to Break Up with Your Debt
Are you stuck in a relationship with your finances – or lack thereof – and often thinking about whether you should break up? Ending a...
What to Look For in a Debt Payoff App
Most people have debt. And figuring out how to pay it off can be a huge challenge. There are lots of different debt payoff methods, such...
5 Reasons You Need a Personal Finance App
Personal finance management has become increasingly easier with convenient, simple-to-use apps for budgeting, banking, investing and more....
What Happens If You Don’t Pay Medical Bills?
Your health is more important than any credit score and when the unexpected happens (as it usually does), sometimes you have to pay a...
Asset Protection Planning for Personal & Business Assets
What is asset protection planning? Asset protection is when you have a plan in place to protect your wealth. It’s a form of financial...
How to Read Credit Card Statements & Balances
Getting a credit card is an exciting milestone in life, just like getting your driver’s license or turning 21. But it can be confusing to...
How to Get Out of Credit Card Debt
If you’re like most people, chances are you have credit card debt. In fact, according to Value Penguin, the average credit card debt per...
The Debt Avalanche Method: Try this Debt Relief Strategy
The debt avalanche method helps you pay down your debt by starting with the highest interest rate loans first. This strategy has the...
The Debt Snowball Method: How to Pay Off Your Debt
The debt snowball method helps you pay off your debt by starting with your smallest debt balance first and then tackling the larger ones....
Bankruptcy: Everything You Need to Know
Bankruptcy is a scary word. But it could offer the financial solace you need when a financial situation has become too overwhelming to...
Debt Consolidation: Everything You Need to Know
When you’re in over your head with student loan payments, credit cards, and more, paying off debt can seem nearly impossible. Debt...
Watch Out! Debt Collectors Can Take Your 3rd Stimulus Check. What Can You Do?
The third round of stimulus checks for COVID-19 relief started going out this past weekend after the bill was signed on March 11th. ...
Debt Management Plans: Everything You Need to Know
A Debt Management Plan (DMP) can help manage your payments and even reduce your accruing debt, and is one of many debt relief solutions...
Debt Settlement: Everything You Need to Know
Debt Settlement is one of many debt relief solutions at your disposal for getting out of debt and rebuilding your credit. Ready to learn...
Is Debt Settlement a Good Idea?
Debt settlement is often portrayed by settlement companies as a magic bullet for anyone drowning in debt. But the truth is, debt...
How a Debt Management Plan Affects Your Credit: Pros and Cons
Paying off large amounts of debt can be a daunting task. If you’ve recently fallen behind on payments, have more cards than you can...
Debt Management vs Debt Settlement – What’s the Difference?
There are many situations that may make it hard to pay off your credit card bills or loans, including illness, job loss, or simply missing...
How to Improve Debt-to-Income Ratio
If you’ve recently been in the market for a mortgage loan, you may have come across the term “debt-to-income ratio.” This ratio is one of...
10 Warning Signs You Have Debt Problems
Many people know when they’re struggling financially. Intuitively, we feel the pressure of not having enough cash to meet all of our...
10 Ways to Get Out of Debt Fast
Creating your own get-out-of-debt plan truly is possible, and it may be easier than you think. With some fundamental changes to your...
What to do If a Debt Collector Calls You
Debt Collectors Keep Calling Me! No one likes getting calls from debt collectors. Owing money to a group of strangers who have all of your...