Debt Reduction and Management

This section primarily focuses on debt management and getting out of debt. It also has subsections that cover related areas of borrowing and lending money, credit cards, and your credit (e.g., credit score and credit history).

5 Ways to Get a Personal Loan When You Have Bad Credit

5 Ways to Get a Personal Loan When You Have Bad Credit

One of the biggest challenges that many of us face has to do with cash flow. When money is tight, and you need a little more liquidity to ease the situation, you might need to attempt […]

3 Best Ways to Consolidate Your Debt

3 Best Ways to Consolidate Your Debt

One of the ways to manage your debt and then pay it down is with the help of debt consolidation. Debt consolidation is a process in which you combine your debts so that you make only […]

Should You Pay Your Student Loan with a Credit Card?

Should You Pay Your Student Loan with a Credit Card?

Short Answer: Unless you can transfer your balance to a 0% APR card and pay it off before the introductory rate expires, it doesn’t make sense to pay your student loan with your credit card. For […]

How to Eliminate Credit Card Debt in 7 Steps

How to Eliminate Credit Card Debt in 7 Steps

Being in debt is not fun. Unfortunately, many people do find themselves in debt, carrying balances on multiple credit cards. Even if you have debt that seems insurmountable, you can eliminate credit card debt on your […]

5 Debt Defying Lessons from the Hobbit

5 Debt Defying Lessons from the Hobbit

Bilbo Baggins, the star of the book The Hobbit doesn’t have any debt. This little hero knows how to manage his resources. If we want avoid debt, and live a full life, we can take a […]

5 Ways to Pay Back Student Loans Faster

5 Ways to Pay Back Student Loans Faster

So many students graduate with debt. In fact, student loan debt has surpassed $1 trillion, and the amount of student debt is higher than that of credit card debt. Chances are that you graduated with some […]

Should You Pay Off Debt or Save for Retirement?

Should You Pay Off Debt or Save for Retirement?

We can all see the benefits of having a large retirement portfolio. If it’s big enough, it can provide you with a standard of living comparable to — or even higher than — the one that […]

National Foundation for Credit Counseling: Advice You Can Trust

National Foundation for Credit Counseling: Advice You Can Trust

The world of credit counseling is filled with companies looking to make a quick buck providing advice on how to reduce or consolidate your debt. It’s a dangerous industry because your credit is such an important […]

How to Do Your Own Debt Consolidation and Get Out of Debt

How to Do Your Own Debt Consolidation and Get Out of Debt

Debt consolidation companies often give you a fantastic pitch that promises to help you lower your monthly payments and eliminate debt.  All you have to do is work with them, combine all your debt obligations into […]

What To Do When You Can’t Pay Your Student Loan Debt

What To Do When You Can’t Pay Your Student Loan Debt

Student loans are becoming a problem for more college graduates — or more particularly the ability to pay them. Higher college tuition and fees has led to larger student loan debts with commensurately higher monthly payments. […]

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