The best way to pay off debt depends on what you owe. Explore strategies like the debt snowball, debt consolidation and debt relief.

When preparing for retirement, making a plan to get out of debt should be part of the process. Yet paying down debt can seem like a daunting, or even impossible, goal. Many Americans are living with ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Vikki Velasquez is a researcher and writer who has managed, ...

Standard personal finance advice has long been to eliminate debts around retirement, including the mortgage. The mantra “retire debt free” comes from the insight that everyday life at older ages ...

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 ...

Managing multiple debts at once is rarely a simple task, but doing so has become even more complicated in today's tough economic environment. Elevated interest rates, higher everyday costs and the ...