Articles on Debt Management

John Cummuta: Transforming Your Debt Into His Wealth

The "Transforming Debt Into Wealth" guy claims he can make you debt-free in five-to-seven years. But is it really doable? We ran the numbers to find out.

Book Review: Debt Free for Life

There's a lot to like about author David Bach's two-step approach to paying down debt.

Book Review: The Road Out of Debt

The classic story of victory over debt is success through work and frugality. But real life is not always so positive, and that's why this book is so useful.

Lower Interest Rates with Credit Sesame and Lending Club

First I consolidated my credit cards using a service that barely changed my inflated interest rates. Then I got a better deal — here's how.

Student Loans: How to Make Post-College Decisions

Making decisions about student loans doesn’t have to be difficult. But it should be personalized.

Dealing with Post-Holiday Credit Card Debt

It's not the most wonderful time of the year when the first credit card bills from the holiday season start to arrive. Here's how to pay them off.

Beyond Debt-Free: Getting By in the New Economy

Living debt-free is a great goal — but as the economy remains shaky, is that enough? Discover more ways to make sure you're on solid financial ground.

How (and Why) to Help Your Parents Pay Off Their Mortgage

Many parents find themselves saddled with a mortgage well into retirement. Learn how to help your folks pay off theirs without taking on the debt yourself.

Why Getting Out of Debt is Like Running a Marathon

A few years ago, I ran a marathon. And while it taught me a lot about exercise, it might have taught me even more about money.

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.