Despite increasing growth in income, delinquent balances continue to worsen year over year, according to the Federal Reserve ...

According to the Federal Reserve Bank of New York's latest Quarterly Report on Household Debt and Credit, total U.S.

However, when it comes to debt, an overwhelming number of financial experts recommend using one of two comparable, but not identical, payoff strategies: the debt snowball and the debt avalanche.

We break down three similarly sounding approaches — debt consolidation, debt payoff strategies and debt counseling — to help you understand how they work and which might be the best solution ...

Before you start slinging cash at your debt, create a structured plan that you can actually stick with. Start by listing all ...

For a strategic approach to paying off debt, start by doing a complete inventory of your current debt load. Do-it-yourself (DIY) strategies, like paying more than the minimum and prioritizing ...

Liliana Hall was a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. Cynthia Paez Bowman is a ...