Before you apply, we encourage you to carefully consider whether consolidating your existing debt is the right choice for you. Consolidating multiple debts means you will have a single payment monthly, but it may not reduce or pay your debt off sooner. The payment reduction may come from a lo...
5 Ways to Reduce Debt: Start the New Year on the Right Foot. These Tips Will Show You How to Lighten Your Financial LoadIN 2002, KRISTEN TATE DECIDED THAT debt free was the way to be. With a debt load of $28,000...Royal, Leslie E...
A guide for how to get out of debt this year, whether it’s from a student loan, auto loan, credit card spending – or all of the above.
Taking out a loanto consolidate your credit card debtallows you to combine multiple high-interest debts into a single loan with a lower interest rate. This simplifies your payments and can reduce the amount of interest you're paying, making it more affordable to pay off what you owe. Pros:...
Before I developed a financial plan for myself, I felt lost about how to turn things around. It seemed as if it was taking forever to reduce the debt I’d accrued and it didn’t make sense to save money with high credit balances. What helped change my mindset is a suggestion made by...
Learn how to fix your consumer debt-to-equity ratio and reduce your debt-to-income ratio with helpful tips from National Debt Relief. Improve your financial wellness today!
How can I reduce my student loan debt? Student loans can be a huge financial burden, especially if they aren’t managed properly. The interest rates on student loans, especially private student loans, are often high. And if you do not make student loan payments on time, you will incur he...
Paying for college is tough, but with a little diligence and a lot of hard work, you can reduce the amount you will owe, making the transition for your child from high school to college much less challenging, at least financially.
The safest way topay off high-interest debtis through the avalanche method, which focuses on the highest interest balances first while making minimum payments on others. Consolidating debt to secure a lower rate can also be effective. Can I negotiate with creditors to reduce my debt?
If you offer credit to customers, you might deal with bad debt at your small business. Find out how to write off bad debt, reduce it, and claim it on taxes.