On the 249th anniversary of independence, the story of America’s national debt reveals a legacy of wars, tax cuts, and ...

The odds of a federal debt crisis just got more daunting. On Thursday, Congress passed the One Big Beautiful Bill, a sweeping piece of legislation that threatens to leave the government with one big, ...

More borrowers are choosing personal loans over balance transfers to pay off debt. Here's why a personal loan might save you ...

Interest rates and lending conditions may shift soon. Here's why locking in a personal loan in July could be a financially ...

Ready to consolidate your debt? Not so fast. Do these things first to improve your chances of getting real relief.

Debt consolidation and bankruptcy are strategies to relieve debt, but the effects are radically different. Bankruptcy can ...

Debt consolidation is when you combine multiple debts; credit cards, personal loans and overdrafts into one loan with one monthly payment. This is typically done by taking out a personal loan to ...

1. Debt consolidation loan A debt consolidation loan could be a wise choice if you qualify for a low interest rate, want to get rid of revolving debt, or want a definite payoff date for the money ...

Use balance transfers to consolidate debt Using a balance transfer credit card, you effectively transfer your old debts onto a new credit card. These cards typically come with low introductory ...

Debt consolidation is a helpful strategy that allows you to merge your various debts into one loan or repayment plan.

Home equity loans: You can also use the equity in your home to consolidate debt. However, while these loans offer lower interest rates, your property is at risk if you can’t make payments.

Debt consolidation loans combine your high-interest debt from multiple creditors into a single loan. Although you’re taking on another loan, you aren’t taking on more debt — you’re ...