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Credit & Debt
  • Bad Credit Guide
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Personal Finance Credit & Debt

Credit & Debt

Know the difference between how much you owe (debt) and how much you can borrow (credit). Learn how to manage both to avoid financial trouble and understand how credit scores are calculated.

Credit & Debt
  • Bad Credit Guide
  • Credit Card Debt
  • Building Credit
  • Debt Management
The courthouse for bankruptcies in Dayton, Ohio, showing Ionic-style columns and the word "BANKRUPTCY"
Bankruptcy Rates by State
A look at which states have the highest and lowest individual bankruptcy rates, and how they've been affected by the pandemic.
  • A racially diverse group of people represent the variety of race categories.
    Bankruptcy Rates by Race
  • Woman opening a gift while man watches her, smiling, both sitting on the kitchen floor
    Average Credit Scores by Gender
  • Businesswoman with a good credit score talks with a customer in a warehouse
    Average Credit Scores by Race
  • Average Credit Scores by Age
  • Image
    FICO Score vs. Credit Score
  •  Klarna Review
    Klarna Review 2022
  • The Fair Isaac Corporation (FICO), creator of the FICO score, is rolling out a new scoring model that offers hope to consumers whose credit reports contain certain types of negative information.
    Does Buy Now, Pay Later Affect Credit?
  • Stores with layaway
    Buy Now, Pay Later vs. Layaway
  • Girl shopping online using a credit card
    Buy Now, Pay Later vs. Credit Cards
  • Computer screen, close-up of 'checkout'
    Buy Now, Pay Later vs. Rent-to-Own
  • Laptop with tiny shopping cart in front illustrating online shopping
    Major Retailers That Accept Buy Now, Pay Later
  • Woman using smartphone at home
    Best Buy Now, Pay Later Apps of 2022
  • Klarna
    How Klarna Works
  • Affirm online bank logo
    How Does Affirm Work?
  • Computer screen, close-up of 'checkout'
    Buy Now, Pay Later
  • Computer screen, close-up of “checkout”
    How Afterpay Works
  • A young couple review their finances with a financial planner
    Best Installment Loans of 2022
  • Credit Score
    Average Credit Score by State
  • credit repair companies can help you fix your credit
    Inside Credit Repair: What You Need to Know to Fix Your Credit
  • Credilife
    Credilife Credit Repair Review
  • Credit Assistance Network
    Credit Assistance Network Credit Repair Review
  • Credit Saint
    Credit Saint Credit Repair Review
  • AMB Credit Consultants
    AMB Credit Consultants Review
  • Socially Responsible Investing
    Credit Repair Review Methodology
  • Lock and key on credit cards
    How to Lock Your Credit
  • Credit card with icicles illustrates a credit freeze
    How to Freeze and Unfreeze Your Credit
  • Woman's Hands Counts on the Calculator
    Credit Risk Definition
  • Credit Definition
  • Businessman buying goods on tablet computer with credit card
    How to Load Your Walmart Money Card
  • Hand of Business Man Giving Money for Taking Bribe While Making Contract. Bribery and Corruption Concept
    Revolving Credit vs. Line of Credit: What's the Difference?
  • Fair Debt Collection Practices Act FDCPA on a table.
    Fair Debt Collection Practices Act (FDCPA) Definition
  • Dollar bills and risk wood blocks on a basic balance scale.
    Default Risk Definition
  • Highway directional sign for AAA credit rating.
    Credit Rating Definition
  • A man typing on laptop with a credit report and credit freeze option on desk.
    Is Getting a Free Credit Report Safe?
  • Payoff
    Understanding Closed-End Credit vs. an Open Line of Credit
  • Couple Checking Bills at Home Using Laptop
    Confirmed Letter of Credit Definition
  • Credit Limit Definition
  • Pledged Asset Definition
  • Revolving Credit Definition
  • Transferable Letter of Credit Definition
  • Open-End Credit Definition
  • digital image of the globe with numbers and bar graphs
    Debit Balance Definition
  • Unrecognizable Female Customer Paying for Groceries With Smartphone
    Understanding the Five Cs of Credit
  • Obligor Definition
  • Credit rating
    Rating Credit: Individuals, Companies, and Governments
  • A pencil, a calculator and accounting documents.
    Over-Collateralization (OC) Definition
  • Fair Credit Billing Act – FCBA
  • Experian vs. Equifax: What's the Difference?
  • Colleagues problem-solving at a computer together in the office.
    9 Reasons to Say No to Credit
  • Back-End Ratio Definition
  • Interest Rate Cap Structure Definition
  • A man reviews documents
    What is a Line of Credit? Uses + Pros & Cons
  • A woman sitting at a table by a window working on her laptop seriously
    Credit Rating vs. Credit Score: What’s the Difference?
  • Financial advisor with laptop and paperwork meeting with woman in living room
    Credit Application Definition
  • Margin Debt Definition
  • Young couple in office signing documents with business executive
    Revolving Credit vs. Installment Credit
  • Is My Credit Score Useful Outside the US?
  • Internet Mobile Banking and Internet of Things Concept
    Per-Transaction Fees Definition
  • Running over the terms and conditions in her contract
    Different Types of Letters of Credit
  • photo illustration a debit card is seen being used in a chip and pin machine
    Address Verification Service (AVS) Definition
  • Business Man Using Calculator
    What Is a Default Probability?
  • Credit Reporting Agency Definition
  • Business Woman Using Calculator
    Closed-End Credit Definition
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