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Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum. How you manage it plays a ...

A newly-released report shows credit card debt soaring to record levels, with Americans owing more than $1.2 trilling at the end of 2024. The data, released Thursday by the Federal Reserve Bank of New ...

You can get a debt consolidation loan from an online lender, even if you have bad credit. Compare loan offers to find the best rate. Many, or all, of the products featured on this page are from our ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While some forms of borrowing can help you move forward financially, ...

Learn what credit card debt is, its impact on your credit score, and strategies to manage it effectively. Improve financial decisions with our expert insights.

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...

A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...

New economic considerations came to the forefront early Wednesday when the Commerce Department announced a shrinking in the gross domestic product (GDP) for the first quarter of 2025. GDP, which ...

Many Americans have heard that they should worry about the staggering size of the national debt. For the first time in modern ...