Easy online access to loans makes borrowing simple, but repayment can be difficult. According to a 2025 survey, 20% of Poles took out a non bank loan solely to repay earlier debts, a warning sign of a ...

Taking on still more debt in pursuit of a goal can sometimes make sense. Here’s when.

Key takeaways A home equity loan can be a good option to consolidate debt, as it usually carries lower interest rates and longer terms than other financing options. Advantages of using home equity ...

If you have debt and savings with the same provider, it has the right to ‘set off’ and use money held in your current or savings account to pay off debt such as a credit card or personal loan.

If you have debts that you pay off each month and don't exceed your yearly earnings, then you probably have managed debt. But bear in mind if you ever start spending more than you earn and using ...

In a perfect world, no one would need to take out a loan to consolidate and pay off debt. In the real world, however, sometimes borrowing money is the only way to dig your way out.

Understanding how much you owe can make it easier to plan. Pull all billing statements from the previous month and list all of your current card balances, APRs, and minimum payments. This is what ...

Then you check your credit score and feel your stomach twist just a bit. The number dropped. Wait… what? You did everything right, didn’t you? Paying off a loan can sometimes lower your credit score ...