Financial Cents: Posts About Debt

What It Really Means to Cosign a Loan

If you wouldn't be comfortable taking out a given loan for yourself, then you'll want to think twice about cosigning that loan for someone else.

Posted on: September 28, 2018


What’s the Quickest Way to Fix Bad Credit?

In order to find the best—or the fastest—way to fix your credit score, you'll have to reckon with why your score is bad in the first place.

Posted on: September 27, 2018


What Happens When You Can’t Pay Back Your Personal Loan

If you default on your personal loan, you're going to enter a world of debt collectors and garnished wages. Instead, try talking to your lender first.

Posted on: September 27, 2018


What’s the Best Way to Tackle Student Loan Debt?

Your strategy will depend on what kinds of student loans you've taken out, what interest rates you pay, and how much extra money you can spare.

Posted on: September 06, 2018


Can You Flee Your Debt by Fleeing the Country?

Most debts won't follow you to another country, but staying one step ahead of your creditors might be a lot harder than you think.

Posted on: August 30, 2018


What to Do When You Have Too Much Medical Debt

If you are suffering from crushing medical debt—something that is all too common—try talking directly to your provider to get your bills under control.

Posted on: August 24, 2018


No Credit Card? Here Are 6 Ways You Can Still Fix Your Credit Score

Strategies include becoming an authorized user on someone else's account, getting a cosigner, paying down your outstanding debts and more!

Posted on: August 13, 2018


Financial Priorities: Which Debts Should You Pay Off First?

There's no one right answer, but you'll probably want to order your debts by interest rate or by total balance—whichever works best for you.

Posted on: July 25, 2018


Don’t Let Fake Debt Collectors Scam You Out of Money You Don’t Owe

Scammers love to pose as debt collectors and make threatening phone calls demanding payment for debts that never even existed. Don't let them fool you!

Posted on: July 20, 2018


Can Your Social Security Benefits be Garnished to Pay a Debt?

Debtors can garnish your paycheck or your bank account in order to collect on an unpaid debt, but can they garnish government benefits?

Posted on: July 12, 2018