Managing Debt Learning Center

Our experts can help you understand how to get control over your debt — the smart way. They share strategies for paying down your debt without hurting your credit score, negotiating with lenders, and dealing with debt collectors. They also highlight your rights as a borrower, explain your bankruptcy options, as well as give you an honest assessment of payday loans. Set up your custom action plan on today and track your credit score progress as you pay off your debt.

Medical Bill Nightmares

A trip to the emergency room or bad news from your doctor could result in thousands of dollars in medical bills. Those medical debts, in turn, can do big damage to your bank account — and they can hurt your credit as well. Medical bills don’t generally head straight for your credit report, since they’re […] Read More

Understanding Your Debt Collection Rights

Whether you are falling a bit behind on your payments — or a bank or lender thinks you are — you may be receiving calls from a debt collector. No fun, right? Well, there are things you can do to make sure you are more in control of what happens when you are on the […] Read More

Do You Need a Debt Management Plan?

If you’re falling behind on bill payments, paying your credit card bills every month but your balances aren’t budging, or if you’re charging more on those cards just to stay afloat each month, it could be time to consider professional help, like a debt management plan. Also known as a DMP, a debt management plan […] Read More

Understanding Your Foreclosure Rights: A Consumer Law Review

If you’ve fallen behind on your mortgage payments, the threat of foreclosure or, more pointedly, the prospect of losing your home, can easily become overwhelming. As a result, struggling homeowners may feel inclined to simply turn a blind eye to the proceedings and accept their fate. However, it’s important to remember that when it comes to […] Read More

What is the Average Credit Card Debt in America?

Credit cards can be great financial tools — they can help you pay for items, get you rewarded for your spending and even help you build credit. But if you don’t use them responsibly, you can find yourself in credit card debt. How often does this happen? Well, it’s not easy to establish the average […] Read More

Top 10 Debt Collection Rights for Consumers

Debt issues can be hard to manage. And a collection call from a persistent creditor can make a challenging financial situation all the more stressful. The good news? You’ve got debt collection rights, and lots of them — thanks to the Fair Debt Collection Practices Act. This federal law sets down a specific set of […] Read More

How to Pay Off Credit Card Debt

Burgeoning credit card balances can cause a person plenty of anxiety, so if you’re staring at one every month, you’re probably wondering how to pay off credit card debt — or, perhaps, more pointedly, how to pay off credit card debt fast. While there aren’t too many instant-fixes — outside of, you know, a major windfall — there […] Read More

How to Get Out of Debt: A Step-by-Step Guide to Financial Freedom

To get out of debt, you need a plan, and you need to execute that plan. But that can be easier said than done. It’s easy to become overwhelmed with the steps you need to take when you’re figuring out the best way to get out of debt. And it’s also easy to lose motivation […] Read More

5 Steps to Reduce Your Debt: Do-it-Yourself Debt Reduction

The most common question that comes up when you find yourself in thousands of dollars of debt is simple — how do I actually reduce my debt?!? The challenge can seem insurmountable. You may have seen ads on TV promising quick credit card debt relief fixes or debt reduction plans that will help pay off […] Read More

5 Tips for Consolidating Credit Card Debt

If you’re feeling weighed down by several credit card balances, credit card debt consolidation could provide some serious relief. Here’s how credit card consolidation works: You first decide if you want to take out a new loan, open a new credit card or enroll in a debt management plan (more on that later). Whichever option […] Read More


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