Debt

Debt consolidation vs bankruptcy: Which is the best option for me?

For many people, debt builds up slowly, and over a long time. Small loans may seem manageable at first, but as one loan is added to another, debt can accumulate. When this happens,

Debt

Chapter 4: Myths About Debt

Be sure not to believe these common debt myths: It’s not really debt Your debt doesn’t define you, but the numbers don’t lie. If you have consumer loans and you’

Debt

5 scenarios when you should not consolidate your debt

Debt consolidation is a tool that helps borrowers gather all their debts into one payment. Having a single loan can be beneficial for those with a medium-sized amount of debt that's spread out

Debt

7 tips to lower your debt and fix your finances

Many of us have some form of debt, whether student loans, credit cards, or mortgages. Debt can be dangerous, but it is also a powerful tool, and using debt responsibly is also one

Home Equity

Is there an opportunity to leverage home equity to reduce your interest payments?

Is Home Equity a Better Way to Refinance Credit Card Debt?Average credit card interest rates recently reached an all-time high, according to the Federal Reserve, while mortgage rates are near all-time lows,

Debt

3 tips for paying down your debt consolidation loan fast

A debt consolidation loan is a great first step toward getting your financial life in order. Consolidating your debt makes it much easier and quicker to pay off your balance since you have

Debt

Crazy credit score myths

While you have access to more credit score information than ever, there's a lot of misinformation and outright mythology floating around, too. Several myths rise to the level of hype and can be scary.

Debt

The Homeowner’s Complete Guide to Debt Consolidation

One solution to high-interest-rate debts is to refinance with a new loan — one that will save you money, reduce your risk, or both.

Customer Stories

Flying free from high-interest credit card debt

The Negrons didn't know how many credit cards they had, but they knew how much the debt was dragging them down.

Customer Stories

Why Samiah Whitteaker used home equity to pay off debt

When Samiah Whitteaker was diagnosed with cancer two years ago, her credit card debt began to really add up.

Debt

Financial Literacy: Credit and debt

Having good credit is key to getting good rates when you need to borrow money, which can help your bottom line. But understanding what you can do to impact your credit and how debt can impact you may help you the most in the long run.

Debt

Using a home equity loan can be better than a personal loan to pay off your debt

By tapping into on your home’s equity, you can consolidate multiple debts into a single monthly payment and often with significantly lower interest rates.

Debt

The pros and cons of consolidating debt with home equity

Debt is rarely cheap, especially if it’s credit card debt. If you have high-interest debt and a home, it may be worth your time to consider consolidating debt utilizing your home’s equity.

Debt

How do rising interest rates affect my loans?

Rate increases often mean you end up paying more for variable-rate loans and can add up to you paying a lot more over the lifetime of your loan.

Debt

Understanding the different types of interest rates

When you're borrowing money, the interest rate is part of what determines how much that loan will cost you over time. But you shouldn't always just choose the lowest rate offered.

Debt

Different ways to consolidate debt

Debt consolidation can help roll several high-interest debts into a single, lower interest payment and may even help you pay off debt faster. There are several ways to consolidate debt, but which is the right one?

Debt

10 things you need to know about home equity and debt consolidation

Millions of Americans are in debt. Homeowners have an option that can potentially save them thousands in interest - their home equity.

Debt

Credit card debt consolidation FAQs

When you consolidate your credit card debt, you’re taking out a new loan to pay off your old loans, and there are some important questions to consider before deciding if it's right for you.