Articles on Debt Management

Runaway Debt, Can You Ever Pay It Back?

If runaway debt is taking over your life, here's some help from a perhaps unexpected source: rock band Soul Asylum.

8 Tips for Improving or Starting a Budget

Whether your current budget could use some tweaking or you're trying to get your finances sorted out for the first time, these suggestions can help you build a better budget.

How Much Does Your Credit Card Debt Cost You?

Only having to pay 2% of your total credit-card balance a month makes charging tempting...but with interest, you could also pay more than double your original purchase price.

Beware of the Phrase "We Can Cut Your Debt In Half!"

Debt settlement agencies claim they can cut your debt in half. But sometimes they don't follow through on their promises...and can even make things worse.

8 Ways to Eliminate Debt While in Grad School

Grad school doesn’t have to wreak havoc on your finances. In fact, if you plan carefully, you can even graduate debt-free.

Co-Signing for a Loan: 4 Things to Consider First

Co-signing a loan for anyone, including your child or best friend, could affect your credit. What to know before you sign.

Share Your Thoughts: Consolidating Student Loans

What should one reader do to consolidate his student loan payments?

4 Places to Start Your Debt Management Crusade

Taking control of debt is essential to preventing it from getting out of hand. Here are some tips to get you started with a debt management plan.

Credit Cards vs. Debit Cards: A Comprehensive Comparison

“Credit cards and debit cards have the exact same benefits.” I’ve heard this statement for a long time, but I wanted to test it out to see if it is true.

Going Into Debt Can Be Awesome

Debt can make or break you. Which one depends on how you handle it and the reasons behind the need for the money. Make the right choice and you can achieve even the impossible.

Why Do a Credit Card Balance Transfer, and How?

Learn the pros and cons of transferring a credit card balance, as well as how to choose the right credit card for you.

How to Get Yourself Into Debt

Rarely will you stumble across an article that actually tells you how to get into debt. It's time to end the discrimination and give people who want to get into debt a list of tips

What I Learned From Working at a Bank

In the short time I've been at my job, I've seen all kinds of borrower financial statements. Here are some of the best lessons I've learned from working at a bank.

What Is True Affordability?

When is something truly affordable? If you are making more than $1 million a year, does this automatically mean you can afford everything?

5 Loan Options for Those With Good Credit

Having excellent credit will allow you to have your pick of cheaper loans with potentially higher limits. To those who need financing, we offer a few suggestions where you can see

Life After Debt: What's Next?

You've worked hard, scrimped, saved and paid off all your debt. Now that you are finally debt free, what ARE you going to do?

Deal With Your Debt or You May Go to Jail

Collection agencies are using severe methods to go after debtors. They're going through the courts to collect. The choices are show up, pay up — or get locked up. How can

Are Your Financial Habits Just Bad?

From brushing our teeth to buying little things we don't need, small bad habits can make a big difference in our lives. Learn how your habits might affect your bottom line.

How a Solid Credit Score Saves You Money

Your FICO credit score has a direct bearing on what kind of interest you can expect to pay on a loan, a mortgage or any other similar product. Many employers and landlords als

Book Review: Hot (Broke) Messes - How to Have Your Latte and Drink it Too

Nancy Trejos is a personal finance writer for the Washington Post. While she was advising readers on financial problems, she was actually so broke that she had to ask her hardwo