Both options can help if you have a large, five-figure amount of debt. Here's how to tell which is better for you.

One option you have for spring cleaning your credit card debt is to use the snowball or avalanche methods to better tackle ...

Your credit card doesn’t disappear just because you’re not around to swipe anymore. In fact, time in jail can quietly wreck ...

“Prioritize debts secured by a house or car, necessities like utilities and debts that can’t be discharged, including student ...

Settling debt on your own also saves you money on fees, since debt settlement companies generally charge 15–25% of the debt ...

Typically defined as a FICO score of below 580, a bad or poor credit score signals to lenders that a borrower is at a higher risk of defaulting. This can make debt relief programs like debt ...

Debt relief is a way to get your debt under control through financial planning and budgeting. The goal of a debt management plan is to lower your current debt and move toward eliminating it.

Tariffs and interest rates are among the things that can affect how much debt you take on, and how expensive it will be to ...

To stop a garnishment on your unemployment benefits, you can claim economic hardship, check for an exemption or file for bankruptcy. If you feel your creditor is acting illegally, you can file a ...

Read U.S. News' review of best debt settlement companies and compare interest rates, fees and terms to find the best option ...

Serious credit problems, like a recent repossession, foreclosure, or bankruptcy, can also depress your scores. Credit scoring algorithms are highly complex. Consequently, there are also other, more ...