Credit Counseling

4 Tips to Avoid the Payday-Loan Trap

This week JPMorgan Chase announced protections against payday lenders. But big banks can't stop the cycle of devastation payday loans can cause. Only you can, and here's how.

This Couple Paid Off $92,000 in Credit Card Debt in 5 Years

It was 2005, and Jerry Bailey and his wife, Sue, had rung up approximately $92,000 in charges on their 17 credit cards. But when the minister from Jackson, Mich., realized how deep a hole they had dug for their family, the couple chose a hard path -- working to pay off every cent.

No Job, No Stuff, No Rapture? How to Rebuild Financially

Many of those who genuinely believed Harold Camping's prediction that the Rapture would arrive Saturday are starting this week with no jobs and no belongings. DailyFinance can't address their spiritual anguish, but we can offer some advice on how they can regain their financial footing.

Mired in Debt? Here's How to Dig Out Safely

Many Americans are desperate to relieve their overwhelming debt burdens. Often they turn to unscrupulous settlement firms, which only make matters worse. But there are plenty of better options for whipping your debt into a manageable condition.