Commentary: In most cases, prioritizing debt payoff is the way to go, but here are a few exceptions to keep in mind.

In North Carolina, medical debt judgments can last for 20 years and automatically place liens against patients’ homes, allowing hospitals to collect their money when the home is sold. Medical debts ...

It’s best to save applying for new credit for later—after your credit has been repaired. It may sound counterintuitive, but ...

For example, among households in which the head was 75 or older, 41.3% had debt in 2013 and 53.4% in 2022. The question is ...

There are various strategies for debt relief. Make sure you understand the pros and cons of each before choosing one.