Should you pay off your debt or invest in your IRA?

Answer On One Hand: Pay off DebtIf you have high-interest debt, such as credit-card debt, it's generally wise to pay it off before putting money into your IRA, because the interest on the debt will exceed... Read More »

Top Q&A For: Should you pay off your debt or invest in your IRA

Should you pay your debt or use a debt consolidation program?

On One Hand: Debt ConsolidationDebt consolidation involves taking out a loan that pays your existing debts, allowing you to focus on a single loan. Interest rates are often lower than credit card r... Read More »

Should you consolidate your debt through a second mortgage?

On One Hand: Consolidation is GoodIf a borrower chooses to consolidate his or her bills into one loan, such as a second mortgage, it allows the borrower to reduce the total monthly payment and crea... Read More »

Is Revolving Debt or Installment Debt Better for Your Credit Score?

While reviewing your credit report, you may notice some debts marked as "revolving" while others are labeled "installment". Although these types of accounts are very different, having both on your... Read More »

Will a debt Debt Consolidation pay off your child support?

No. They won't pay off anything. They just contact your credit card companies and ask them to reduce your interest rates. They combine all of the credit card debts together, add up how much the tot... Read More »