An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a ...

Achieve reports that personal loans for bad credit exist, aiding borrowers in emergencies and credit building, especially ...

"Federal Trade Commission rules include an advance-fee ban," says Pack. "This rule prohibits a debt relief company from ...

Credit card interest rates are soaring and 35% of Americans have recently maxed out their credit cards, according to a 2024 Debt.com survey. A debt consolidation loan could provide relief. But if you ...

Debt is often treated as a bad word though taking out loans and swiping credit cards is commonplace and unavoidable for most households across the country. However, not all debt is “bad” debt. At ...

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 ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Americans added $25 billion in credit card debt during the third quarter, bringing collective credit card debt to about $1.29 trillion, personal finance website WalletHub said. WalletHub’s new report, ...