The best way to pay off debt depends on what you owe. Explore strategies like the debt snowball, debt consolidation and debt ...

"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 ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debt can be a significant source of stress. For example, ...

The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.