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

Data from the Education Data Initiative shows that 2023 is the first year showing an annual decline in student loan debt.

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

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

There’s nothing quite like the weight of debt. It can be downright exhausting. I know the feeling. Just four years ago, my wife and I set out to figure out how to pay off debt — nearly $30,000 worth — ...

Rising household debt has left many grappling for control, but a clear strategy can pave the way to financial independence.

Whether you’re managing student loans, credit card balances, or medical bills, understanding and executing proven methods to pay off debt faster can transform your financial trajectory.

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However, there is one caveat to that rule: when you have high-interest debt. Below, Select looks into the pros and cons of selling your investments to pay off debt. Our best selections in your inbox.

What we'll cover Using a balance transfer credit card Consolidating debt with a personal loan Borrowing money from family Paying off high-interest debt first Paying off the smallest balance first ...