An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a home that builds equity over time. A car loan can be considered bad debt ...

Debt is often treated as a bad word though taking out loans and swiping credit cards is commonplace and unavoidable for most households across the country. However, not all debt is “bad” debt. At ...

Financial educators bust three common myths about credit card debt — and explain why these negative assumptions can hold us ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. We don’t always have the funds upfront to ...

Debt settlement can offer a lifeline for consumers who are struggling with overwhelming debt. When you pursue debt settlement — also called debt relief, debt negotiation or debt resolution — you ...

According to Orman, bad debt "is where you are paying for your present day desires, but your costs are going to be your future day needs." The most common example? Credit card debt. It typically comes ...

Debt consolidation is a good idea if it helps you meet your financial goals, but not if you use it to free up revolving credit or refuse to change how you spend and manage your money.

Inheritance Funding reports that an inheritance advance can help pay off debt, but consider costs, emergencies, and potential ...

The 2008 financial crisis had many causes, but the underlying theme of the meltdown was that businesses and individuals took on too much debt. Since the bubble burst, the country has been dealing with ...

Antitrust is supposed to protect consumers from high costs, but consumers are plainly huge fans of low-cost, no-debt debit ...