Also: A trick to boost credit scores, and should retirees avoid dipping into their 401(k)s? Dear Liz: My husband racked up more than $17,000 in credit card debt and negotiated a settlement for $4,000 last year. We received a 1099-C form for $13,000 of forgiven debt, which we have to claim as income. That puts our modified adjusted gross income over the threshold of being able to claim tuition ...

Paying down your credit card debt could yield a nasty surprise: a suddenly lower credit limit. Credit card - Debt - Personal Finance - Home - Money Management

Credit card debt consolidation may make sense, but only if the borrower shows self-restraint.

Q. My son, 21, incurred about $1,200 of credit card debt that he did not pay. It was sent to a collection agency that agreed to accept about 60 percent, and he agreed. He was also given the option to...

Q. My son, 21, incurred about $1,200 of credit card debt that he did not pay. It was sent to a collection agency that agreed to accept about 60 percent, and he agreed. He was also given the option to...