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 ...

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 ...

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 ...

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 ...

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, ...

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 ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. You’re struggling to pay ...

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. We don’t always have the funds upfront to ...

Dealing with debt collectors can be a frustrating process, especially when you're not sure if the debt they're reaching out about is even yours. Mistakes happen, after all, and sometimes old debts ...

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 ...