Paying off collections improves your finances, but what happens to the negative mark on your credit report?

Both strategies have merit. Here’s what to consider.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Your debt issues don't have to feel like an endless burden, though, ...

"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 ...

The start of a new year usually brings new motivation to achieve goals ...

Managing multiple debts at once is rarely a simple task, but doing so has become even more complicated in today's tough economic environment. Elevated interest rates, higher everyday costs and the ...

Learn the best strategies for whittling down what you owe, depending on how much debt you have. This page includes information about these cards, currently unavailable on NerdWallet. The information ...

If you're wondering whether to pay off your mortgage early or invest the extra cash instead, here's what you should do as a ...

When you have some extra cash, it can be tempting to knock out debt — especially if it would put an end to a large monthly obligation, like a car payment. But is it the right move? See Next: I Asked a ...

Please provide your email address to receive an email when new articles are posted on . For many physicians, financial success often leads to a pivotal question: Should I pay off my mortgage early?

Weigh the pros and cons of paying off your auto loan early and consider your financial situation. Many, or all, of the products featured on this page are from our advertising partners who compensate ...