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Pros and cons of debt consolidation: Is it a good idea?
Debt consolidation can simplify your finances and potentially lower your interest rate. There may be upfront costs that can ...
Financial stress affects 73% of Americans, with mounting credit card balances, medical bills, and personal loans creating overwhelming monthly obligations. When minimum payments consume most of your ...
Total household debt reached $18.39 trillion in the second quarter of 2025, with credit card balances alone topping $1.21 ...
If you’re drowning in debt, you might consider credit counseling. Credit counselors can help you make a plan to tackle your debt and educate you on managing your money. The U.S. Department of Justice ...
Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off credit card balances and then paying off the new loan.
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 ...
WASHINGTON — Managing debt can be complicated. We sat down with a financial expert to look at the pros and cons of debt consolidation. Debt consolidation is a financial strategy that involves rolling ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. When credit card bills pile up and ...
GREENSBORO, N.C. — Got debt? You're not alone. Business Insider estimated the average debt for each North Carolina resident last year. was $96,000+. This number includes mortgages, car loans, student ...
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 ...
Personal loans can be a safe and affordable form of financing. CNBC Select explains how to choose the one that's right for you.
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