With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While debt management plans are often confused with other types of debt ...

A financial educator said medical debt is a problem that's leading many folks to seek help from professional credit ...

Despite recent efforts toward medical debt reform, many Americans still deal with piles of medical bills. A 2024 analysis from Peterson-KFF shows that about 20 million adults — nearly one in 12 — have ...

Reaching out for help with debt is a brave and proactive step, and it's one that speaks volumes about your determination to turn things around. Whether you're feeling the pinch on a tight budget or ...

Americans are carrying more credit card debt than ever before, with the total credit card debt nationwide sitting at a record-high of $1.21 trillion and the average cardholder owing over $7,000 across ...

Add Yahoo as a preferred source to see more of our stories on Google. Older woman leaning on hand with man in background Talking about money with family is never easy — especially when it involves ...

Key Takeaways For most people, the answer is no—raiding a 401(k) to pay off credit card debt costs far more than grinding through payments.The money withdrawn stops earning money for you, and what ...