Who pays dad's credit card debts when he dies?

Dear Debt Adviser,My dad is 83 and has two or three credit cards maxed out. Is anyone responsible to pay these when he passes away? He has been paying a little on each one every month. Also, can he put ...

Sell Truck to Pay Off Credit Card Debt?

Selling your truck to pay off your credit cards and buy another truck may not be the best idea.

Twelve Tips to Manage Credit Card Debt in 2012

Don't go crazy with credit cards. Rein in your plastic before your card debt becomes drastic.

How to Teach Your Kids About Credit Cards

The Internet is full of misinformation about how to teach your kids about credit cards. There's always been a lot of sketchy stuff online, but we just read an article from a very reputable publication that said secured credit cards are tied to savings accounts, and you should consider getting your kid a prepaid debit card.

Debt Adviser: Should he sell truck to pay off credit card debt?

Dear Debt Adviser: I have two credit cards each at 13.99 percent, totaling $9,100 of debt. I also own my truck outright. It is valued at $11,000. I make $400 in total payments to my credit cards per month. My idea is to sell my truck, pay off the credit cards and buy a used vehicle for around $15,000. This would be lower than what I currently pay to my credit cards. I understand this will ...