Debt & Credit

Not all debt is bad and not all creditors are out to trick you into living beyond your means. Accruing debt and using credit are both integral parts of our financial system. Debt and credit can be a part of a healthy financial profile and have a positive role in your life, but you have to know how to manage your debt and use credit successfully to keep your finances in good working order.

Understanding debt and knowing how credit works are essential parts of successful money management.  You can make more informed decisions when buying a home or car, or applying for credit. You are also better equipped to manage your debt and avoid the common credit pitfalls and debt traps that can put consumers in a bind. What’s more, if you build up more debt than your finances can handle, you can make the right decision on how to find debt relief.

How Debt Works 

Do you know the differences between all the debts you hold? Learn the ins and outs of various types of debts so you can make better decisions as you manage your money and pay down your debt. Plus, gain a better understanding of annual percentage rates (APR) and how different types of APR may be applied to your credit cards. With the right understanding you can pay down your debt strategically and put yourself in a much stronger position financially.

Learn more about how debt works

Managing Your Debt

The time to pay attention to your debts doesn’t start when you’re already in trouble. Managing your debt successfully can keep you in good financial standing and help you live a better life. Find handy debt calculators to help you assess your debt and learn strategies to reduce your debt, including the benefits of paying off unsecured debts versus secured. We’ll also teach you debt negotiation techniques you can use with creditors to reduce your interest rates and free up more money in your monthly budget.

Become a master at managing your debt

Finding Debt Relief

Don’t let debt hold you back from doing the things you want to do in life. If you have too much credit card debt, learn what options you have to help find relief. We’ll help you weigh the pros and cons of potential debt relief solutions to find the one that’s right for you. With the right debt solution, you can pay off your debts and get your finances back on track.