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Thomas Barwick/Getty Images Whether you’ve maxed out all your credit cards, are up to your neck in s​tudent loans​ or have a mountain of medical bills, it’s smart to look for the best ways to consolidate your debt. Debt consolidation — or the strategy of rolling many...
Astrakan Images/Getty Images Filing for bankruptcy can feel like you’ve hit rock bottom. While it does wipe out your old debt, bankruptcies stay on your credit report for seven to 10 years, hurting your long-term chances of qualifying for a mortgage or other credit. Despite the hardships you’ll...
Cathy Scola/Getty Images Any bill that is reported to a credit bureau as past due is a delinquent debt. In the early stages of delinquency it’s easier to repair your credit and move on. But the longer debts go unpaid, the more aggressive creditors get about...
Tara Moore/Getty Images Debt can keep you awake at night. But many of us are able to look at the debt we’re carrying and say: It’s all good. Bankrate’s latest Financial Security Index survey finds 27 percent of Americans say they’re more comfortable with their debt today than...
sturt/Getty Images Getting a short-term loan for a couple grand probably seemed like a perfectly fine — or more likely necessary — idea for one Massachusetts woman, until she was hit with the 392.6 annual percentage rate racking up more than $6,300 of additional debt. By the...
Westend61/Getty Images After using my credit cards to pay for my extensive medical bills, I was suddenly drowning in debt. Thanks to the high interest rate on my cards, my balance continued to balloon. Desperate for a solution, I thought credit card consolidation would solve my...
Hero Images/Getty Images 7 ways to get out of debt Two out of every five households carry credit card debt from month to month, according to the 2018 Consumer Financial Literacy Survey by the National Foundation for Credit Counseling, or NFCC. Some of those consumers are managing a...
Lyn Pereyra / EyeEm/Getty Images Advertiser Disclosure: The credit card offers that appear on the website are from companies from which this site receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear)....
Rawpixel/Getty Images Christina Moss and her husband have a combined yearly income of $125,000. They make 104 percent more money than the 2017 median household income in the United States. The reality of their finances, however, places them in a much different light. This month, they had to...
1 of 9 Begin slideshow Steve Snowden/Getty Images Lottery winners whose luck ran...