High credit card balances and steep interest rates are pushing more people to consider debt settlement, but programs are not ...

The best way to pay off debt depends on what you owe. Explore strategies like the debt snowball, debt consolidation and debt ...

Most personal loan lenders prefer applicants with good to excellent credit scores, which means a FICO Score of at least 670.

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 ...

Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually ...

Recently, the Federal Trade Commission filed a complaint against seven companies and three individuals operating the "Accelerated Debt" program that falsely claimed to reduce consumers' debt by as ...

According to Orman, bad debt "is where you are paying for your present day desires, but your costs are going to be your future day needs." The most common example? Credit card debt. It typically comes ...