The best way to pay off debt depends on what you owe. Explore strategies like the debt snowball, debt consolidation and debt ...
Learn strategies for whittling down what you owe, and get insight into the best approach depending on your debt load. Many, or all, of the products featured on this page are from our advertising ...
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Smart debt management strategies

Ever feel like you’re juggling a bunch of debt and loans and just trying to keep your head above water? You’re not alone, and ...
Key Takeaways Carefully consider balance transfer cards by weighing the cost of fees against savings on interest.Focus on paying off high-interest or “less ideal” debt first and choose a method that ...
Understand common debt repayment strategies you can use to pay off your balances and learn strategies for preventing further debt Many consumers carry higher credit card balances than ever, with ...
Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debt can be a significant source of stress. For example, ...
For many people carrying high-interest debt, debt consolidation is often the first strategy they consider. This may involve a ...
Managing multiple debts at once is rarely a simple task, but doing so has become even more complicated in today's tough economic environment. Elevated interest rates, higher everyday costs and the ...
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 ...
Could your debt be reduced or forgiven? Take our financial relief quiz. According to a review of in-house data by Experian in 2025, the average American holds over $105,000 in debt. From car loans to ...
A biweekly or monthly budget plan is one of the best strategies to get out of debt fast and the best way to pay off debt on a low income. It makes you more intentional with how you spend your money ...
Paying off debt requires commitment and patience. You’ll need to carefully review your current debts, spending and budget and understand the available options you have at your disposal. With this ...