The Federal Reserve Bank of New York reported U.S. household debt increased to $17.5 trillion in the fourth quarter of 2023. Credit card debt, mortgages and auto loans led to those debt figures. But ...

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...

Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Debt that cannot ...

Healthy business debt is often necessary for growth. Learn how to distinguish good and bad business debt and determine a ...

The average interest rate on a bank credit card is currently 21.5%. That’s the highest level since the Federal Reserve started tracking the data in 1994, according to The Associated Press. Do you have ...

We may receive a commission on purchases made from links. As household debt in America continues to rise, you may wonder if there's such a thing as good debt. In general, the answer is "yes," and most ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While some forms of borrowing can help you move forward financially, ...

Debt often carries a negative reputation, but the reality is more nuanced. Not all debt is created equal, and understanding ...

Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances.

There’s a lot of doom and gloom surrounding the state of credit card debt in America, with 44 percent of cardholders carrying a balance month to month, according to Bankrate’s Chasing Rewards in Debt ...