Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually ...

Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum. How you manage it plays a big role in how it impacts your finances.

The Federal Reserve Bank of New York reported U.S. household debt increased to $17.5 trillion in the fourth quarter of 2023. Credit card debt, mortgages and auto loans led to those debt figures. But ...

Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Contrary to popular ...

When it comes to managing money, Suze Orman says understanding debt is a critical first step — especially for anyone hoping to improve their financial health. On a recent episode of her "Women & Money ...

The Indebted States of America: How much debt is too much? Feb. 3, 2014 -- We are a nation of debtors. Altogether, American consumers are $11.3 trillion in debt. More than $856 billion of this is from ...

The average interest rate on a bank credit card is currently 21.5%. That’s the highest level since the Federal Reserve started tracking the data in 1994, according to The Associated Press. Do you have ...

Many people view debt as a bad thing, but if you use it properly, it can move you closer to your financial goals. Real estate investor and financial influencer Graham Stephan recently explained in an ...

Debt may get a bad rap, but the reality is, it's not all bad. Sure, the ideal financial situation may involve being totally debt free, but in certain instances and under certain circumstances, taking ...