Credit counseling and debt relief are both worth considering, but one may be better than the other. Here's why.

Bankruptcy is a serious decision with long-lasting consequences. Before taking that step, explore these six alternatives.

A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for ...

Becoming debt-free starts by assessing your budget and determining how much you can realistically afford to put toward your ...

7. Consider a Debt Management Plan (DMP) A Debt Management Plan is an agreement between you and your creditors, often facilitated by a credit counseling agency. Under a DMP: Single monthly payment ...

When no interest is added to a debt, the repayment calculation is simple. As long as you don't add anything to the balance, ...

Managing debt can feel like an uphill battle. From credit card balances to medical bills, many consumers find themselves ...

The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...

Hutchinson hopes to stay ahead of a federal interest rate increase later this year with an upcoming bond sale. The City Council unanimously approved this past week issuing $1.46 million in bonds ...

In this week’s Money Minute, hear from a company that can help you get on a debt management plan. “At the point that they come to us, they have an average shortfall of about $300 a month,” said Thomas ...

The goal of a debt management plan is to lower your current debt and move toward eliminating it. Effective debt relief can prevent late fees, high interest costs, and damage to your credit score.

Stock has lost 37 per cent, or about US$822 million in market value, since late November as a management shake-up failed to ...