CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the ...

One criteria mortgage lenders use to assess your mortgage application is the debt-to-income ratio (DTI). Your debt-to-income ratio is a comparison of how much you owe (your debt) to how much ...

There are situations when taking on debt can be a strategic move, especially when you are scaling after you’ve proven your business model. For example, if you’ve validated your offer ...

Amounts forgiven through debt settlement may be taxed as income by the IRS. An IRS worksheet shows how to avoid paying taxes on debt settlement when you're insolvent. Taxpayers who are insolvent ...

Becoming debt-free starts by assessing your budget and determining how much you can realistically afford to put toward your outstanding balances. A proven payoff strategy such as the debt snowball ...

Managing debt has become an increasingly challenging task for many Americans in recent years. Rising living costs, high interest rates and the weight of existing financial obligations have left ...

If you have existing debt, you already know how much of a burden it can be on your personal finances. Credit card debt, in particular, may present an especially long-lasting challenge — after ...

Greece is a member of the EU, and so, under the terms of the Maastricht Treaty, the country has to include all public debt in its national debt figures. However, there are some categories of ...

Keeping up with due dates and minimum payments can feel overwhelming, but consolidating your credit card debt offers a path to regaining control of your finances. Credit card consolidation ...