When managed responsibly, a personal loan can be one of the best ways to relieve financial burdens and set yourself up for success. It’s an easy way to cover a down payment, handle an emergency, or take your family on a vacation. A personal loan, however, can also be challenging […]

Do: Get Organized Getting a handle on your debts and working on paying them off will be next to impossible without having a clear picture of who is owed how much and where your account balances are at. Take inventory of your debt accounts, account numbers, total balances and monthly […]

If you are reading this article, you probably have too much debt. And if you’re in a financial hole due to debt, the only real solution is to change your debt habits and start digging your way out, one step at a time. Here are 8 ways to unburden yourself […]

Many of us know that setting financial goals and creating budgets can help us manage our money. However, it’s also important to manage your debt. Debt management is a way to keep up with your bills, especially if they have seemingly gotten out of control. You can use many strategies […]

While debt management can be a helpful tool to get debt under control, it can negatively affect your credit score. Hard inquiries A hard inquiry may happen at some points in debt management. For example, if you attempt to get a lower interest rate, you may trigger a hard inquiry into your […]

Paying off debt can be a tedious and painful process. But it is possible, and there are ways to speed things up and sometimes make it a little fun (really). We’ve collected and organized free debt advice from a variety of personal finance experts who have been through the process […]

How many of us make major purchases in our everyday lives without thinking twice? The answer could vary from person to person, but more often than not, we do think a bit before making a big purchase. There are also a few situations in life, wherein we may not possess […]

Who are debt collectors? Debt collectors try to collect money you owe to someone else. Debt collectors must follow rules when they call you. If they do not follow the rules, you can complain about them to the Federal Trade Commission. Can I stop debt collectors from bothering me? You […]

If you’re considering a debt management program, it’s important to understand all of the pros and cons and how it may affect your finances in the future. Pros One monthly payment rather than many: Having multiple monthly debt payments can be overwhelming, and a debt management program allows you to consolidate […]