Having a collection account on your credit report can feel like a heavy burden, as it can significantly impact many areas of your life — and your finances — including your ability to secure loans, ...

Paying off debt is a worthy goal, particularly if it can help improve your financial situation or free up money to spend in other areas. But while it may help your budget, are there any downsides to ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. Removing collections from your credit ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. These two phases often get lumped together in conversations about debt, ...

Five years ago, I faced a daunting challenge: nearly $30,000 in credit card debt. My situation wasn’t the result of reckless spending. Instead, it was a matter of trying to keep my head above water as ...

Whenever we discuss the benefits of using credit cards, we typically caveat it with the most important rule: pay your credit card bill on time and in full every month. Paying on time prevents late ...