Home equity loans and HELOCs have lower interest rates than credit cards, encouraging some homeowners to use them to pay off ...

A debt consolidation loan can help simplify your efforts to pay down debt by combining multiple loans into one loan and ...

Refinancing your home loan can help you pay off other debt, especially if you qualify for a cash-out refinance. Learn more about this debt payoff strategy.

Student loan debt can be a daunting financial burden, but with the right strategies, you can pay it off faster and save on ...

One of the biggest pros of consolidating debt with a personal loan is the chance to lock in a lower interest rate. If your ...

HELOC rates are currently slightly lower than those on home equity loans so that right there will save you cash. But on top ...

If you have federal student loans, expect to be automatically enrolled in the standard 10-year repayment plan as soon as your ...

Many Gen Xers struggle to balance their current financial obligations with plans for the future, including retirement. Here's ...

Here are some ways that people use personal loans. 1. Paying off debt Debt consolidation is the most common reason that people take out personal loans. The average American has about four credit ...

Some 13% of 401(k) participants have an outstanding loan against their retirement savings, according to a recent study, with an average $10,708 loan amount. Using a 401(k) loan can be useful, but ...

In March 2020, at the start of the pandemic, the federal government paused student debt payments. When they restarted more than three years later, the government told delinquent borrowers that missed ...

In deciding which student loans to pay off first, consider factors such as loan type, interest rates, and repayment terms.