"Less ideal debt" is for buying an asset that drops in value, like a car loan, or has a high interest rate, like credit cards. "Necessary debt" is used to buy an asset that can rise in value, like a ...

It's the time of year when even the best-laid budget plans get thrown aside, and credit-card balances start climbing. During the holiday season, it's common to set expectations high, which can easily ...

Sponsored by Leaders Credit Union business services specialist Tanner Spencer shares practical budgeting mindset and savings ...

Learn the best strategies for whittling down what you owe, depending on how much debt you have. This page includes information about these cards, currently unavailable on NerdWallet. The information ...

Consumer debt is reaching new heights — it increased by 18.3 billion dollars in the second quarter of 2025 — and even though the Federal Reserve just lowered interest rates slightly, it’s become more ...

Now that the holidays are over, you could be stuck with debt from too much spending. Here are some tips on how to financially recover and pay off that holiday debt. First, develop a plan and see what ...

Trina Paul is a Breaking News and Personal Finance Writer at Investopedia, covering topics like retirement, consumer debt, and retail investing. She focuses on making complex financial topics ...

If your goal is peace of mind, paying what's owed can feel like a weight lifted. You eliminate collection calls and remove ...