Debt
Latest Debt News
Are There Any Social Security Spousal Benefit Loopholes Left?
123rf Social Security spousal benefits have long provided crucial financial support for married couples during retirement. However, as rules have…
Who qualifies for debt forgiveness?
Key takeaways Debt forgiveness can reduce or wipe out certain types of debt, but you’ll typically need to meet strict…
Do you pay taxes on debt forgiveness?
Key takeaways While the debt forgiveness process could reduce or eliminate what you owe creditors, there are tax consequences to…
Debt consolidation vs. Bankruptcy: Which is right for you?
Key takeaways Bankruptcy can give you a fresh start by restructuring your debts or liquidating some of your assets, but…
What debt management tool is right for you?
Debt is a fact of life for many Americans. The average credit card balance in 2023 was $6,501, with 49…
7 Types of People That Debt Consolidation Programs Work For
Debt consolidation programs can be a lifesaver for those struggling to manage multiple debts. But are they the right solution…
3 steps to calculate your debt-to-income ratio
Key takeaways To calculate your debt-to-income ratio, add up your monthly debt payments and your gross monthly income and then…
Wall Street’s Wild Week – Employment, Carry Trade, Tech Impact Markets
The stock market thrill ride that began a tumultuous run off the rails Monday seems to be back on track…
How long does debt relief stay on your credit report?
Financial strain can happen anytime, leaving you needing help to deal with your financial commitments. While there are several options…
7 tips to help dig your way out of debt
Not all debts are bad ones. But bad debts can hang heavy around your neck and create long-term financial strain.…
