Everyone knows that saving and investing is essential in building a retirement nest egg, but it can be intimidating if you don’t know where to start. And for some people who have accumulated a large amount of debt, it may seem impossible. As we observe National Financial Awareness Day on August 14th, this is a […]

Editorial independence We want to help you make better informed decisions. Certain links on this page – clearly marked – may direct you to a partner website and earn us a referral commission. For more information, see How we make money. If you regularly use your credit card without making your payments in full, interest […]

Before I go into detail about the options available to you, let me make one important point. Don’t delay or miss minimum payments while you plan for your strategy. This will reduce your credit score, and it can also eliminate the best options. Here are four ways you can do it now. 1. Transfer your balance. In […]

Editorial independence We want to help you make better informed decisions. Certain links on this page – clearly marked – may direct you to a partner website and earn us a referral commission. For more information, see How we make money. Scarlett McCarthy got into the habit of supplementing her expenses with credit cards as […]

It is crucial to find creative ways of paying off debt, as American households are increasingly racking up large balances on their credit cards and loans. Debt consolidation is an option if you owe money to multiple creditors. Consolidating your debt will allow you to organize your accounts and have a lower interest window for paying your […]

If you can qualify for a loan at a lower interest rate and have a plan to repay your debt, consolidating debt via a personal loan is a good option. (iStock). Money can be a financial burden. It can also make it challenging to manage multiple creditors, especially if there are multiple loans. A personal loan can consolidate […]

Paying off multiple debts at once can be very stressful – and if those debts aren’t managed properly, they can end up costing you more and drag you into even more debt. If you’re having trouble juggling your debts, consolidating them into a single loan can be helpful in managing your repayments. One of the […]

When you have your own business, whether you are just starting out or have been doing it for years, cash flow isn’t always constant. Sometimes you have to pay unforeseen expenses, make a payroll, or finance new equipment. If you don’t have the cash on hand to afford these things, you might need a business […]

Select’s editorial team reviews financial products independently and writes articles our readers will enjoy. Clicking on affiliate links may result in us receiving a commission. Wells Fargo started to inform consumers this week that it will be ending its credit product. CNBC reviewed letters from Wells Fargo, which stated that it would be focusing on personal loans […]

If you’ve ever been drowned in credit card debt, chances are a debt settlement company has contacted you. Even if you are not engaged in a conspicuous consumer activity, a setback such as a job loss, a need for medical services, or an automobile emergency could easily lead to a build-up of credit card debt. […]