While a balance transfer credit card has its risks, it can help you avoid interest charges when chipping away at your debt.

Two popular DIY debt payoff methods, the debt snowball and the debt avalanche, offer clear strategies to tackle your debt head on. Both approaches can help you get out of the red, but they take ...

There are well-known debt payoff strategies out there like the snowball and avalanche methods. Debt payoff strategies come in all sizes — from ultra-focused intensive to “every little bit ...

Learn how to get out of debt in 2025 by following these four steps, starting with knowing what you owe and committing to a ...

A 2022 survey by Capital One found that 73% of individuals identified their finances as a major contributor to their stress levels. If you're part of that 73%, and if the cause of your stress is ...

there are tools you can use to get your situation under control and learn how to pay off debt. Credit card refinancing and debt consolidation are two separate but similar strategies that can help you ...

I'm eager to check this off my financial to-do list in 2025. After researching debt payoff strategies, I met with certified financial planner André Small, to see if it made more sense for me to ...

They usually encourage you to use a debt payoff strategy like the snowball or avalanche method. These programs can help motivate you to stick with a plan and/or make extra payments toward your ...

And if you have debt on more than one credit card, planning also helps you focus on which balance to pay off first. Below, CNBC Select outlines three common strategies for paying off debt.

As of the third quarter of 2024, the average household in America had a debt of $104,215 and collectively owed $17.94 ...

“The benefit of this method is that you’ll pay off your smallest balances more quickly, which can be motivating and act as a ...