Follow this chart to see whether a credit counselor, a debt relief company, or a DIY approach is right for you.

Tapping retirement funds to pay off debt may have short- and long-term drawbacks. If you are facing a hardship, you may be ...

Just paid off $5,000 in credit card debt? Learn whether to close your old card, how long your score takes to update, and what ...

Freedom from debt may feel like a distant dream, but experts say with the right strategies, you can accelerate your payments ...

Credit card debt or student loan debt? According to Bruce McClary, a spokesman for the NFCC, there's a special rule.

Quick ReadThe debt snowball builds motivation through quick wins, while the avalanche method saves the most money by ...

Debt levels in the U.S. are climbing higher than ever, and the strain is being felt across millions of households. Borrowers are carrying larger balances overall in terms of their debt loads, and ...

You could get a lower interest rate, but there are risks to consider before taking on a second mortgage. If you have high-interest debt, you could consider paying it off with your home’s equity. One ...

A mortgage loan to finance buying a home is often the largest purchase most people make in their lifetime. A mortgage comes ...

Ask a baby boomer or Gen X-er what type of debt they're grappling with, and most will tell you it’s credit cards. One way out: Tap a retirement account to pay it down. The move comes with a lot of ...

Discover whether paying off your mortgage before retirement is the right move by considering interest rates, peace of mind, ...