Should I reduce debt?

Answer On One Hand: Most Debt Is Bad.The addition of interest rates to an existing debt load means you pay more for something you could not afford in the first place. If the debt is not reduced, interest ... Read More »

Top Q&A For: Should I reduce debt

How much should you pay to reduce credit debt?

The average American household owes $8,000 to credit card companies, according to MSN Money. This figure can be incredibly daunting, especially if you are only able to make the minimum payment each... Read More »

How to Reduce IRS Debt After Payments?

The consumer culture in the United States leaves many Americans struggling under overwhelming debt burdens. This can be credit card debt, lines of credit debt, mortgage debt or even tax debt. The I... Read More »

How to Reduce Debt Without Bankruptcy?

Reducing your debt will help you avoid bankruptcy, which will ruin your credit for seven years or more. Credit card and other debt can quickly escalate out of control so that you cannot even afford... Read More »

Does Chapter 13 Reduce Debt?

If your debts are overwhelming, bankruptcy offers an alternative. In Chapter 7 bankruptcy, many of your debts can be discharged -- wiped out. In Chapter 13, on the other hand, you have to pay your ... Read More »