Look at the numbers The first step to any debt payoff plan is to understand how much debt you have. You may feel anxious about looking at those balances, but once you understand where you stand ...

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

I took on a lot of debt during the pandemic. Taking care of it is a priority, but I want to make sure I do that strategically ...

If you're tired of owing money on credit cards, auto loans or other lines of credit, it's time to get serious about paying off debt. The first step to tackling debt is to total up how much you owe ...

You have many options for debt relief. Learn what you need to know and how to get each one so you can get started on your ...

A debt management plan groups several credit card debts into one payment, cuts your interest rate and creates a three- to five-year repayment plan. Many, or all, of the products featured on this ...

After that, figure out the best debt repayment plan for you. You can choose to pay off your smallest balance first (snowball method) or focus on the debt with the highest interest rate (avalanche ...

Struggling with credit card debt can be overwhelming, but with a strategic savings plan, you can regain control of your ...

You may have a choice between a lump sum and a payment plan. Make sure you can afford what you agree to do. » Learn how to deal with debt collection 6. See if you qualify for an income-driven ...

For those with "low incomes and high levels of debt," another option may be an income-driven hardship plan, said Experian. Similar to a payment plan, this can divide your balance "into smaller ...