Better Debt Solutions is a debt relief and settlement company that helps people reduce and pay off their debt so they can achieve financial stability. It speaks to creditors on clients’ behalf to ...

Borrowing has become a normal part of life for most people, especially as everyday costs continue rising. Whether it's groceries, gas or housing, many Americans are now relying more heavily on credit ...

The Federal Reserve Bank of New York reported U.S. household debt increased to $17.5 trillion in the fourth quarter of 2023. Credit card debt, mortgages and auto loans led to those debt figures. But ...

Good debt can increase your net worth and build in value over time. Bad debt is money spent on items that lose their value. Balancing good and bad debt is important to your financial wellbeing. While ...

In the realm of personal finance, not all debt is created equal. The concept of good debt versus bad debt is pivotal in ...

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...

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 ...

The average interest rate on a bank credit card is currently 21.5%. That’s the highest level since the Federal Reserve started tracking the data in 1994, according to The Associated Press. Do you have ...

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

Explore the causes, effects, and solutions of debt overhang, where excessive debt limits future investments and can hinder economic growth and recovery.

Angel Zhong does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...

More and more households led by someone age 55 or older have debt, according to recent research from the Employee Benefits Research Institute (EBRI). In 1992, 53.8% of older households had debt. But ...