Freedom from debt may feel like a distant dream, but experts say with the right strategies, you can accelerate your payments ...

Tapping retirement funds to pay off debt may have short- and long-term drawbacks. If you are facing a hardship, you may be ...

Credit card debt or student loan debt? According to Bruce McClary, a spokesman for the NFCC, there's a special rule.

Don't immediately use an unexpected cash infusion to pay off certain types of debt. Here's what you need to know.

Paying down debt matters, but pausing retirement contributions to do so may not be the smartest financial move.

Debt levels in the U.S. are climbing higher than ever, and the strain is being felt across millions of households. Borrowers are carrying larger balances overall in terms of their debt loads, and ...

If you're thinking about using your 401(k) to pay off credit card debt, you could be making a big mistake. Learn the ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

You could get a lower interest rate, but there are risks to consider before taking on a second mortgage. If you have high-interest debt, you could consider paying it off with your home’s equity. One ...

With only so much money coming into your bank account each month, it can feel challenging to decide where to allocate it, especially when you have competing priorities. After all, paying down debt, ...

Ask a baby boomer or Gen X-er what type of debt they're grappling with, and most will tell you it’s credit cards. One way out: Tap a retirement account to pay it down. The move comes with a lot of ...