Debt consolidation can be a strategic financial move, but its effectiveness depends on individual circumstances and choices.

Key takeaways Debt consolidation can simplify your finances and potentially lower your interest rate. There may be upfront costs that can offset potential savings. People with good credit may qualify ...

A debt avalanche is an accelerated debt repayment plan that's based on paying the loan with the highest interest rate first before moving on to the next-highest.

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 ...

There are several ways to deal with overwhelming debt, and the right one for you depends on the severity of the problem and the resources you have. If you’re exploring debt management vs. debt ...

Life doesn't always go according to plan, and that applies to finances too. For many Americans, unexpected medical bills or simply the accumulated weight of high-interest debt can create financial ...

Investopedia picked National Debt Relief as the best debt relief company for those with overwhelming debt who are seeking debt settlement. Learn what every borrower needs to know to get out of debt ...

IRAs generally offer a wider range of investments than 401(k)s along with lower fees. Rolling over to an IRA allows you to find a broker with the investment options you're interested in. However, a ...