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 ...

The Federal Reserve Bank of New York reported U.S. household debt increased to $17.5 trillion in the fourth quarter of 2023. Credit card debt, mortgages and auto loans led to those debt figures. But ...

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. If you’re a business owner extending ...

There’s a lot of talk about debt and whether it is good or bad. As a general rule, when discussing money matters or, really, anything in life, whenever superlatives are used, something is probably ...

Determining whether a debt has become worthless always is a question of fact which requires consideration of all pertinent evidence—including the debtor’s financial condition and the value of any ...

Meredith Mangan is a senior editor and expert on personal loans. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned ...

Bad credit can be a major barrier to paying down debt. The lower your credit score, the harder it can be to find a good debt consolidation loan. But if you have bad credit, you’re not without options.

Credit card interest rates are soaring and 35% of Americans have recently maxed out their credit cards, according to a 2024 Debt.com survey. A debt consolidation loan could provide relief. But if you ...