Nearly half of Americans are starting off the new year in the red. And of those carrying credit card balances, many say it ...

A secured debt can either be personal property or real property. Secured debts can be either repossessed or foreclosed to meet a judgment. Examples of secured debts are: loan for a house, loan for a ...

Discover how to effectively adapt the 50/30/20 budgeting method to prioritize debt repayment. This guide provides practical ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor.

Here's a primer on the debt ceiling and examples of the possible consequences if the United States is unable to pay its debts. The debt ceiling is a cap on the amount of money the U.S. government ...

Unsecured debt is a form of borrowing that is not secured by a specific material asset. Since this type of debt doesn’t require an asset as collateral, there’s nothing specific the lender will ...

For example, a high debt ratio could spell trouble for a company being able to meet looming debt maturities. Similarly, a high debt ratio potentially calls into question a company’s solvency ...

For example, one item on the 1st, two on the 2nd and continuing through the end of the month. For every item, pay $1 toward your credit card debt. By the end of 31 days, you’ll have contributed ...

Get Out of Credit Card Debt Now! At first, it may have been easy to use your credit card sparingly. Maybe over the first few budget cycles, you charged just a few dollars and paid the balance quickly.

However, with the right strategies, technical debt can be managed—and even leveraged—to deliver value. This article explores real-world examples, lessons learned and a playbook for tackling ...