If you want to refinance student loans at a lower interest rate, you must go through a private lender, even if you have federal student loans. Learn how refinancing works and what you risk converting federal loans to private to decide if refinancing is right for you.
Debt.com’s writers are journalists, personal finance experts, and certified credit counselors. Their advice about money – how to make it, how to save it, and how to spend it – is based on, collectively, a century of personal finance experience. They’ve been featured in media outlets ranging from The New York Times to USA Today, from Forbes to FOX News, and from MSN to CBS.
Learn how to deal with financial stress in a healthy way, so it doesn’t affect your life. Money is the second most common cause of stress in the country, according to a 2017 poll by the American Psychological Association. With 62 percent of the nation affected by financial stress, it is only outnumbered by stress […]
Learn how to consolidate credit card debt, student loans and tax debt – each in a simplified debt repayment plan. Debt consolidation is a debt solution that allows you to combine multiple debts of a similar type into one monthly payment. This simplifies debt repayment so you only need to worry about one bill. It […]
Recessions are inevitable, and given the current economic crisis being caused by COVID-19, another one seems imminent. The World Bank predicts that the global economy will shrink by 5.2% this year, resulting in the worst recession since after World War II. Recession-proofing your finances means that you prepare for the worst so you can maintain […]
Get basic instructions on how to answer a civil summons for credit card debt. Important note: This page provides general tips on how to answer a civil summons for credit card debt. Please be aware that articles on Debt.com are only intended to provide basic information and should not be used as a substitute for […]
There are two main steps to improve your credit score: 1. Repair 2. Rebuild This guide teaches you how to do both. We’ll also point you to paid services when they’re available, so you can decide if it’s worth the cost. If you have any questions or need help achieving the score you want, just […]
Important money lessons and milestones you can use to teach kids finance. The way adults behave with money often stems from how they were taught to handle finances as a child. If their parents constantly spent money they didn’t have and were continually in financial trouble, the children wound up with similar bad money habits, […]
Debt.com strives to provide our users with helpful information while remaining unbiased and truthful. We hold our sponsors and partners to the highest industry standards. Once vetted, those sponsors may compensate us for clicks and transactions that occur from a link within this page. You can take out a personal loan for any reason – […]
If you’re new to credit, building credit for the first time can seem like a bit of a chicken or an egg scenario. To get approved for the best credit cards, you need to have a high credit score. But to have a high credit score, you need to have a credit card. So where’s […]
Debt.com strives to provide our users with helpful information while remaining unbiased and truthful. We hold our sponsors and partners to the highest industry standards. Once vetted, those sponsors may compensate us for clicks and transactions that occur from a link within this page. You might think that making a major car purchase immediately after […]