Browsing: Debt

A recession can wreak havoc on your finances. So it’s understandable if you’re worried by recent headlines. Economists are increasingly pessimistic as tariffs imposed on China,…

Dear Penny, I have $20,000 in credit card debt. I recently got an offer from a card for a personal loan. Should I take it, and…

How to use our business debt consolidation loan calculator1. Enter loan details for existing business debtEnter the following details for each small-business loan, line of credit…

Managing a loved one’s debt after they pass away can be stressful, especially if you’re unsure about your financial responsibilities. A common question is whether debt…

A debt judgment occurs when a creditor sues you for unpaid debt and wins the case in court, resulting in a legally binding ruling. The judgment…

Managing debt can feel overwhelming when you’re balancing credit cards, loans and monthly bills. Without a clear strategy, interest can quickly add up, and some debts…

Debt parking is a deceptive tactic that often catches consumers by surprise, leaving them struggling with unexpected financial obligations. In this article, we’ll break down what…

How to use our DSCR loan calculatorStep 1. Enter the detailsThe details you’ll provide vary depending on whether you’re trying to finance a real estate investment…

Debt is closely connected to our emotions, habits and even how we interact with others.   Whether it’s impulsive spending or the stress that comes with financial…

Reducing debt is Americans’ top financial priority for 2025. That’s according to the CFP Board of Standard’s Debt and New Year’s Resolutions Report. It’s an understandable…