Our resources can help you feel more knowledgeable about options for debt management. Whether you're looking for tips on managing debt, paying for expenses, or seeking advice for reaching your financial goals, Discover can help.

What is Good Debt vs. Bad Debt?

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Many people think that you should avoid any kind of debt. But not all debt is bad. Debt may be “good” when it helps you establish credit and build wealth. Debt can be considered “bad” if it’s costly, hurts your credit score, or makes it harder to reach your financial goals.… Read More

A Guide to Financial Wellness in Five Steps

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When it comes to improving the quality of your life, focusing on your financial wellness — living within your means, creating safety nets, and developing financial goals — may pay off.

Improving your financial health may empower you to achieve other money-related… Read More

Cashing Out Your 401(k): What You Should Know

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If you want to pay off debt, you might be asking yourself, “Can I cash out my 401(k)?”

The quick answer is that you can. But whether you should cash out may be the more important question.

Before going down that road, you should first review the 401(k) loan rules—and understand… Read More