If you’re feeling stretched thin trying to pay down credit card debt while staying current on student loans, you’re not alone. The key to managing…
Feeling overwhelmed by money problems? You’re not alone. With U.S. household debt reaching $ 18.20 trillion dollars1, financial stress is affecting more Americans than ever before. Nearly 50% of adults report feeling stressed or anxious…
Thomas Barwick/Getty Images Key takeaways Debt consolidation and bankruptcy are strategies to relieve debt, but the effects are radically different. Bankruptcy can give you a fresh start by restructuring your debts or liquidating some of your assets, but it can ruin your credit. Debt consolidation combines several debts into one,…
Key takeaways Debt relief options can help reduce your balances or lower your interest rates. Debt consolidation loans and balance transfer credit cards make it easier to manage your debt and potentially save a bundle in interest. You could also find relief if your creditors agree to enroll you in…
Key takeaways Debt relief companies can carry serious risks, like long-term credit damage, especially if your creditors don’t agree to work with them. Alternatives to debt relief include working with a credit counselor, negotiating with your creditors, consolidating your debt and tapping into the equity you’ve built up in your…
Key takeaways Debt consolidation can simplify your finances and potentially lower your interest rate. There may be upfront costs that can offset potential savings. People with good credit may qualify for better loan terms, making consolidation a good option. Debt consolidation involves combining several debts — such as credit cards,…
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Filing a state tax extension can provide extra time to prepare and submit your state tax return if you miss the original deadline. While the IRS offers a fairly uniform process for federal tax extensions,…
