Consolidate credit card and other high-interest debt.

There is not a single federal debt forgiveness program for older adults. However, options such as debt management plans, credit counseling, and debt consolidation loans are available. Debt forgiveness ...

Debt management restructures your debt so you can pay it off. Debt settlement involves some amount of debt forgiveness. If you don't qualify for debt management, debt settlement might work for you.

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Bankruptcy is a legal process that allows individuals or ...

If you've ever taken out a payday loan, you know how quickly things can spiral with this type of debt. After all, these types of loans, which are marketed as a quick fix between paychecks, come with ...

Managing debt can feel overwhelming at any age, but even more so as you get older or enter retirement. If you're looking at your credit card statements or loan payments and wondering about the best ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. It's no surprise, then, that many borrowers who are struggling to keep ...

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 ...