Dept Management
You’ve accomplished the first step on the road to financial recovery after being entrenched in debt. So, what’s next? For starters, you’ll want to focus on rebuilding your credit score, staying out of debt and increasing your income.These tips will help you gain control of your finances again after debt…
The decision of which debt to start paying off first is a personal one, but starting with high-interest debt is generally considered the most beneficial. This includes credit cards, which often have the highest interest rates, auto loans and personal loans. From there, you’ll need to choose whether you want…
Key takeaways Unsecured debt, such as credit cards, student loans, medical bills and high-interest loans can all be consolidated. Debt consolidation can simplify your bill-paying strategy by consolidating multiple accounts into one new loan with a single payment. Consolidating debt can save you money on interest and help you get…
Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually high-interest credit cards that quickly accrue interest if you only make minimum…
Sabrina Leonard’s life has grown more difficult over the past two years. The 49-year-old Spring Hill, Kansas, resident has watched her rent, utilities and grocery bills steadily rise while her paycheck has remained the same. Things came to a head in early 2025. She was $600 short on rent, $700…
Buy now, pay later (BNPL) as a payment option is available seemingly everywhere. From department stores to airline tickets, you can make payments on small and large purchases with the convenient payment model. But as simple as it seems, buy now, pay later can be a slippery slope if you…
Delmaine Donson/Getty Images Debt relief companies work on your behalf to negotiate your debts, usually through a settlement for less than you owe. While this can be a useful tool for some types of debt, not all debt can be handled through debt relief. In addition to the type of…
When you’re ready to get out of debt, you can either go it alone or work with a professional debt relief company. The decision is personal and strategic — and it depends on the kind of debt you owe. But whether you choose DIY debt relief or seek professional help,…
