When it comes to borrowing money, not all debt is created equal. According to Ramsey personalities George Kamel and Jade Warshaw, that still doesn’t mean any of it is good. On a recent episode of “The ...
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Business debt: How much is too much to carry?
To start your business, you’ll need money and sometimes borrowing funds is fine. Without proper management and care, though, ...
Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny unpaid amounts can haunt your credit score—and the threshold that triggers ...
Understanding the difference between secured vs. unsecured debt can help you understand your borrowing options and even help put you on the path to healthier finances. Whether it’s a college loan, an ...
Most people aren't particularly interested in pondering what the financial aftermath will be when they die, but recent data suggests that this should be a regular part of managing your finances. Case ...
CreditNinja reports that about 41% of working-age Americans (72 million) have medical debt, affecting lower-income and ...
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What is Rule 523 in bankruptcy?
Rule 523 dictates the debts you can't erase through bankruptcy (and the list might surprise you).
There can be tax advantages to prioritizing paying down certain types of debts over others. Carefully consider balance ...
Credit card debt is a common challenge, which means (luckily) there are a lot of tools out there for overcoming it.
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. damircudic / Getty Images The rate ...
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