Debt

What is debt consolidation? Debt consolidation is a debt payoff method where you combine multiple debts into a single, lower-interest payment. Some co

What is medical debt consolidation? Medical debt consolidation is the process of taking out a loan to pay off multiple medical bills. You’ll then ma

Debt relief meaning The term debt relief has a wide-ranging meaning. Some sites use it in the generic sense, like an all-encompassing concept of getti

What is debt reduction? Debt reduction refers to any plan that can help you be proactive about paying off your debt. It can help you get out of debt f

Using your tax refund to pay off debt One of the strongest arguments for using a tax refund to pay off debt is that fewer monthly payments will lower

How to Determine Which Loan to Pay Off First Before you determine which debt to pay off first, you’ll need to decide which strategy you’re going t

Going into Debt to Travel According to our 2021 summer travel survey, 45% of millennials have taken on debt for summer travel in the past and would do

Does Paying Off a Loan Early Hurt Your Credit? While paying off a loan or debt won’t inherently hurt your credit, you could see a drop in your credi

Figuring Out Your Debt-to-Income Ratio Your debt-to-income (DTI) ratio comes into play in many loan situations, whether you’re applying for a credit