The best way to pay off debt depends on what you owe. Explore strategies like the debt snowball, debt consolidation and debt ...

One of the best ways to pay off credit card debt (and other debts) faster is to pay more than you have to each month — even ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Brendan is a full-time senior editor of financial products and services at ...

According to the Federal Reserve Bank of New York’s latest Quarterly Report on Household Debt and Credit, total U.S. household debt rose to $18.04 trillion in the fourth quarter of 2024. The average ...

Looking for a way to tackle your debt? Unsure of the best order in which to pay things? A free online tool called PowerPay.org might give you the direction that you need. PowerPay is a very basic debt ...

Carrying debt can take an emotional and financial toll, so it’s best to pay it off as efficiently as possible. The avalanche method aims to save you money on interest. Are you ahead, or behind on ...

If you’re like many Americans, you have a few bills that you’d like to pay down, but find handling them a challenge. A 2025 Wells Fargo Money Study found that 50% of Americans are uncomfortable with ...

Debt isn’t just a source of financial stress. It can also make everyday living less enjoyable when a significant portion of each paycheck goes toward debt repayment. Focusing on paying off your debt ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Your debt issues don't have to feel like an endless burden, though, ...

Every time Jen publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from Business ...

Managing debt can feel overwhelming at any age, but even more so as you get older or enter retirement. If you're looking at your credit card statements or loan payments and wondering about the best ...

The Debt Snowball allows you to make a simple change to your behavior and systematically pay off debt at an accelerated rate. Get the free printables.