debt advice

The Pitfalls of Debt Consolidation Loans

Debt consolidation loans may seem like a great way to manage debt without taking the drastic step of declaring personal bankruptcy, but in many cases the too-good-to-be-true promise of significantly lower monthly payments are just that: an illusion.

How to Dig Yourself Out of Credit Card Debt

U.S. credit card debt shrank 5% in the second quarter from a year ago, approaching 10-year lows. It's not just due to banks, which have written off uncollectible debts. Consumers have been taking control of their finances, tightening their belts and working second jobs to pay off their credit card bills.

100 Words That Can Change Your Credit History

You should always know what's in your credit report -- especially if you're planning any major purchases or intend to apply for a new job in the near future. But creditors and credit agencies aren't the only ones who can contribute to your report. You can have your say, too.

Songs to get your finances on track

Katy Perry just might be onto something. Not only does the pop starlet have a string of hits, but it seems she's figured out one of the keys to...

U.S. Credit Card Balances Drop Again

There's no doubt that Americans are getting serious about paying down credit-card balances and other debt. The era of the more frugal U.S. consumer continued in December as total consumer debt fell by $1.73 billion, marking the 11th straight monthly decline.

12-step help for shopaholics

It's pretty common knowledge that alcoholics, gamblers and drug addicts have support groups and 12-step programs to keep them on the wagon. But did...