Want to be debt-free? Here are some options on how to pay off debt using snowball, avalanche and budgeting strategies.

Millionaires understand that excessive debt can be a barrier to gaining wealth, yet they also recognize the power of ...

Victoria's Labor government has handed down its budget for the next financial year, with state debt predicted to rise to record levels.

Using a personal loan, it's possible to pay off existing credit card debt and then pay the personal loan back with less interest. "A personal loan might lower your interest rate and end up with ...

We break down three similarly sounding approaches — debt consolidation, debt payoff strategies and debt counseling — to help you understand how they work and which might be the best solution ...

For debt of any kind to be manageable, you need to have a plan to pay it off. That's especially true when high-interest bills threaten to balloon out of control. CNBC Select offers a step-by-step ...

Her point is that your debt payoff journey can start with little wins, such as applying a small savings you have to your credit card balance or cutting out costs to find extra money. This can help ...

The average household’s debt increased to $105,056 last year, according to Experian. With consumer prices and inflation making it difficult for Americans to pay off debt, delinquencies on ...

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 ...

It’s all about getting to the finish line as fast as possible. Debt payoff is a marathon, not a sprint. It takes a plan, training, perhaps even a coach. For most of us, we’re talking about a ...

Student loan debt can feel like it will take an eternity to pay off. The standard repayment plan offered for federal student loans is 10 years — and many other plans extend long beyond that.