First Person: The 'Snowflake Method' Is Accelerating Our Debt Payoff By $1,000 Per Year

Because I can't stand debt I'm always trying to figure out ways in which I can reduce the debt that I do have. My biggest debt right now is the new car that my wife and I bought a few months ago. While I know the most obvious way to reduce anything I'm making payments on is by actually making extra payments, that isn't always as easy as it sounds. So, I took a page from my past and we are now ...

How to Pay Down Debt

If you are serious about paying off your debt, how your approach your bills is important and will reduce the amount you pay over time.

IRS widens taxpayer debt forgiveness program

WASHINGTON (Reuters) - More middle-class Americans will be able to work out their debts to the U.S. Internal Revenue Service because of changes in a tax payment forgiveness program, the agency announced on Monday. The "Offer in Compromise" program lets taxpayers negotiate agreements with the IRS to pay less than the full tax owed. The announced changes make the program more flexible for ...

Restructuring, Debt Payoff Whack Dow Profits

Dow Chemical Co. (NYSE: DOW) Thursday reported net income of $714 million or 35 cents a share, down from $952 million or 54 cents a share a year earlier.

How to Protect Yourself From Criminal Debt Collectors

As more and more Americans are racking up debt as a result of the poor economy, criminal debt collectors are taking advantage. These collectors employ illegal tactics, aggressively trying to get you to pay off your debts--or perhaps even pay money you don't owe.