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PERSONAL FINANCE

Debt Management

Strategies for paying down credit cards, loans, and other debt — from the snowball method to consolidation and beyond.

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Should You Use a Personal Loan to Pay Off Credit Card Debt
Debt Management

Should You Use a Personal Loan to Pay Off Credit Card Debt

A personal loan can turn expensive, variable credit card debt into a fixed, predictable payment — but only if the habits behind the debt change too.

By Allen Krewzz · July 16, 2026 · 1 min read

Chapter 7 vs Chapter 13 Bankruptcy Explained
Debt Management

Chapter 7 vs Chapter 13 Bankruptcy Explained

Chapter 7 and Chapter 13 bankruptcy solve the same problem in very different ways. Here is how each one actually works.

By Allen Krewzz · July 16, 2026 · 1 min read

How Bankruptcy Works and When It’s the Right Option
Debt Management

How Bankruptcy Works and When It’s the Right Option

Bankruptcy is a legal tool, not a moral failure. Here is how the process generally works and how to think honestly about whether it is the right option.

By Allen Krewzz · July 16, 2026 · 1 min read

Medical Debt: How to Handle Unexpected Medical Bills
Debt Management

Medical Debt: How to Handle Unexpected Medical Bills

A surprise medical bill can feel overwhelming, but medical debt has more room for negotiation and assistance than most other kinds of debt. Here is where to start.

By Allen Krewzz · July 16, 2026 · 1 min read

Secured Debt vs Unsecured Debt: What Is the Difference
Debt Management

Secured Debt vs Unsecured Debt: What Is the Difference

Whether a debt is secured or unsecured changes what happens if you fall behind, how it is priced, and how it is treated legally. Here is what to know.

By Allen Krewzz · July 16, 2026 · 1 min read

Understanding Your Debt-to-Income Ratio
Debt Management

Understanding Your Debt-to-Income Ratio

Debt-to-income ratio is one of the most important numbers lenders look at, and one of the most useful for understanding your own financial breathing room.

By Allen Krewzz · July 16, 2026 · 1 min read

What Is a Debt Management Plan (DMP) and How Does It Work
Debt Management

What Is a Debt Management Plan (DMP) and How Does It Work

A debt management plan is a structured way to repay debt in full, with support from a nonprofit credit counselor, often at a reduced interest rate. Here is how it works.

By Allen Krewzz · July 16, 2026 · 1 min read

How Debt Settlement Works and What Are the Risks
Debt Management

How Debt Settlement Works and What Are the Risks

Debt settlement can reduce what you owe, but it usually damages your credit and comes with real risk. Here is an honest look at how it works before you consider it.

By Allen Krewzz · July 16, 2026 · 1 min read

Debt Consolidation Loan vs Balance Transfer Card: Which Is Better
Debt Management

Debt Consolidation Loan vs Balance Transfer Card: Which Is Better

Both a consolidation loan and a balance transfer card can combine your debt into one payment. The right choice depends on your balance size, timeline, and credit.

By Allen Krewzz · July 16, 2026 · 1 min read

Debt Consolidation Explained: How It Works and When It Makes Sense
Debt Management

Debt Consolidation Explained: How It Works and When It Makes Sense

Debt consolidation can simplify your payments and sometimes lower your interest rate, but it is not a fix for the habits that created the debt. Here is how it actually works.

By Allen Krewzz · July 16, 2026 · 1 min read

A Credit Card Budget Strategy That Actually Works
Debt Management

A Credit Card Budget Strategy That Actually Works

Credit card debt behaves differently from other debt in a budget. Here is a credit card budget strategy built around how revolving balances actually work.

By Allen Krewzz · July 16, 2026 · 1 min read

How to Build a Debt Payoff Strategy Into Your Budget
Debt Management

How to Build a Debt Payoff Strategy Into Your Budget

A debt payoff strategy only works if your budget can actually fund it every month. Here is the step-by-step process for building one that sticks.

By Allen Krewzz · July 16, 2026 · 1 min read