From 2015 to 2017, Naseema McElroy paid off nearly $1 million in debt. Now, she's saving aggressively in pursuit of financial ...

Consolidating credit card debt with a personal loan can save you thousands in interest and boost your credit score -- if you ...

If your goal is peace of mind, paying what's owed can feel like a weight lifted. You eliminate collection calls and remove ...

Key Takeaways If you pay off your student loans, your credit score might go down a little. Fortunately, the dip is temporary.For most people, saving a fortune in interest and improving your ...

The “debt avalanche” method prioritizes saving money on interest by focusing on the highest interest rate debt first while ...

A 55-year-old woman with a fully paid-off home, $1 million inheritance, and a $500,000 401(k) asked a question that lit up ...

In this series, NerdWallet interviews people who have triumphed over debt. Responses have been edited for length and clarity. Paying off debt isn’t always a linear journey. For Sonia Sears, a social ...

When 31-year-old Priscilla Jones completed her MFA in film in 2011, she was left with a total of $96,000 of student loan debt from both her undergraduate and graduate studies. (She requested that we ...

"Less ideal debt" is for buying an asset that drops in value, like a car loan, or has a high interest rate, like credit cards. "Necessary debt" is used to buy an asset that can rise in value, like a ...

Marriage and money rarely align perfectly, especially when childhood experiences shape opposing financial philosophies. When ...