When a debt consolidation loan lowers your total cost and when it doesn’t
Find out when a debt consolidation loan can reduce your total debt cost and when it only shifts your debt without savings.
Debt
Payoff plans, consolidation and what to do when the minimum payment is all you can manage.
Avalanche or snowball? Two ways to pay off debt, tested on the same budget
Avalanche vs snowball, tested on one $550 budget: paying the highest rate first saved about $262; the smallest balance first cleared a debt in five months.
Is debt consolidation worth it? A checklist before you apply
Is debt consolidation worth it? One payment can cut your interest or just stretch the same debt over more years. Check these five points before you apply.
Can’t make the card minimum? Make this call before the due date
Can’t make the minimum? Ask about a credit card hardship program before the due date. Fee waivers, due-date changes or reduced payments may be available.
