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US household debt rises in the third quarter, boosted by mortgage borrowing and student loans

The Fed also released a study showing student loan default rates in black-majority zip codes landing twice as high compared to white-majority areas.
The author is not pictured.

My dad taught me debt was the enemy, but he was wrong. I wish he’d taught me 3 different lessons instead.

Her father refused to go into debt for anything, even a car loan, an attitude she internalized to her own detriment. Until her mind changed.
Bridgeport, Connecticut.

The 9 US cities where people are mostly likely to max out their credit cards

Bridgeport, Connecticut has the most residents dealing with credit card debt, followed by New York City and Virginia Beach, Virginia.
The author is not pictured.

My free Credit Karma app helped my credit score spike by 50 points overnight

After getting engaged, the author started paying down debt and raising her credit score. A feature on the Credit Karma app made a huge difference.
The author is not pictured.

I’ve paid off $12,000 of credit card debt in 3 months thanks to a strategy that’s just strict enough to work

During a move, the author racked up about $20,000 in credit card debt. After the move, she got serious about paying it off.
A good debt-to-income ratio is 36% or lower.

A good debt-to-income ratio can help you get a loan. Here’s what lenders look for.

A good debt-to-income ratio can help you secure a loan. Lenders look for the balance between your earnings every month and the amount you owe.
The author is not pictured.

I went from $100,000 of debt to building my wealth by asking myself a simple question

Before she changed her money mindset, she believed she should be able to spend her money on whatever she wanted because she worked hard at her job.

5 ways to fix your credit without adding more debt

It's important to keep your credit in good standing to get better interest rates, apply for credit cards that offer top-tier benefits, and save money.
You can use personal loans, balance transfer credit cards, or home equity to consolidate your debt.

If you’re drowning in multiple monthly credit card payments, consolidating your debt may help you get back on track

Debt consolidation — i.e. turning multiple monthly debt payments into a single payment — can make repayment more manageable.
More than half of millennials would be inclined to vote for a socialist candidate, according to a new poll.

70% of millennials say they’d vote for a socialist. 5 facts about their debt-saddled economic situation tell you why.

Millennials and Gen Z are less likely than older generations to favor capitalism — only around half of each cohort does, according to a YouGov poll.