Getting out of debt can be a long journey, though not an impossible feat. So, where do you start if your journey to financial health starts deep in debt? Take it one step at a time.
Should you prioritize paying down debt or building up your savings? While it is important to find the strategy that works best for your individual financial goals and outstanding obligations, for many people the most effective strategy is going to be one of balance, where debt and savings are managed simultaneously.
Millions of Americans are in debt, and millions will remain that way for years to come. The good news is that you can get out of debt with the right mindset, tools, and resources.
No matter your income level, properly managing your consumer debt is a wealth-building practice. If you are struggling to manage or reduce your debt load, you have options.
A new year is approaching and with it, the promise of a vaccine and an end to the pandemic. As such, it is a great time to regroup and take stock of your finances and, if 2020 was tough on your wallet, to course-correct.
Peer-to-peer (“P2P”) lending is a popular option for many borrowers because it allows them to circumvent the traditional bank loan process.
After struggling to make minimum payments and watching interest accumulate at a rate much higher than you can pay, you may be looking for an easier way to manage your debt.
Did you know that Americans collectively owe more than $1.2 trillion in auto debt? If you’re among them, check out our tips to pay down your auto debt quickly.
People who live debt-free share certain key characteristics. Here, we outline the most important characteristics of a debt-free lifestyle so you can adopt them in your life and be well on your way to living debt-free.
Read on for an overview of these two ways to pay off debt so you can choose for yourself which approach, if either, is the best way for you to get rid of your debt once and for all.