One big problem with credit cards is if you keep using them for purchases, you may never pay off your debt. Personal loans, on the other hand, come with a fixed interest rate, a fixed monthly payment ...

Using a personal loan to pay off student loans might seem like a viable option for reducing interest rates or consolidating debt. However, there are several factors to consider before proceeding with ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

If you find yourself unable to get out from under burdensome, high-interest debt despite your best efforts, it might be time to consider debt consolidation.

Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...

'I'm buying less and making more money, but everything is more expensive and my savings are dwindling' Sometimes, retail therapy is a reaction to feeling like we don't have control over our own lives.

In recent years, many Americans have found the dream of homeownership challenging. For Gen Z Americans (born between 1997 and 2012), the road to achieving this dream has been paved with several ...

Inheritance Funding reports that an inheritance advance can help pay off debt, but consider costs, emergencies, and potential claims before proceeding.

Splitero reports on strategies for managing post-holiday debt, comparing home equity and credit card options to reduce financial burdens.