How to pay off credit card debt in a year (or less)
You may be able to tackle your debt faster by employing proven debt reduction strategies, experts say.
Watch CBS News
Tim Maxwell is a freelance writer who covers investing, real estate, banking, credit education and other personal finance topics. Tim began his career as a broadcast journalist, covering breaking news events, conducting on-camera interviews and editing news packages for viewers. He later worked in various digital media roles for 20th Century Fox and NBC/Universal film studios. Tim's financial articles have been published in over 20 major media outlets, including CBS News, Newsweek, Bankrate and Fox Business. He earned a degree in mass communications from Fresno State University.
You may be able to tackle your debt faster by employing proven debt reduction strategies, experts say.
Reverse mortgages can help seniors supplement their income and are worth considering in certain scenarios.
Both options offer unique benefits for borrowers right now. Here's what to know to help you decide.
Lenders typically offer a maximum home equity loan amount of 80% to 85% of your combined loan-to-value ratio.
Experts say home prices are likely to rise or stay the same in the near term if mortgage rates remain high.
Elevated interest rates are a boon to savers, with some accounts delivering yields between 5% and 6%.
Delayed rate cuts translate to continued favorable yields on deposit accounts and Treasury bills.
A reverse mortgage can help relieve financial pressure for seniors, but it's important to get the timing right.
Find out what experts have to say about the current state of gold investing and its recent historic price run.
Taking an early CD withdrawal typically comes with a penalty, but it could be worth paying in certain scenarios.
CDs offer savers higher yields than savings accounts, but it's critical to understand how their grace period works.
Experts say CD account rates could remain stable in the short term and potentially drop if the Fed cuts rates.
Can the price of gold continue surpassing record highs or is a pull-back ahead? Here's what some experts predict.
Here's what you can expect to pay for your dog's veterinary expenses with and without pet insurance.
When your CD account matures you'll have multiple options to explore. Here are four things you shouldn't do.