There are several proven methods you can use to reduce interest costs and accelerate your credit card debt payoff instead. And, with strategic planning and the right tools, you can expedite the ...

Enoch Omololu writes about personal finances for millennials. Paying off debt is no easy task, but this lofty goal is achievable with the right financial strategy. Starting your debt-free journey ...

At the end of the day, the most important thing is to create a debt repayment plan you can stick to. If paying off a card with a smaller balance in full will keep you on track in the long run ...

Your counselor may offer recommendations such as enrolling in a debt management program where the agency will create a payment plan with your creditors on your behalf. Finally, there are legal ...

Liberty Debt Relief will negotiate for a lower debt bill that you can pay off. Typically with debt settlement, you stop paying debtors and instead send the money to a specialized savings account ...

you base your debt payoff sequence according to your interest rate—highest to lowest. Here’s a hypothetical example of a debt avalanche plan, using the same credit cards as in the example above.

The national debt hit $36 trillion—less than four months after surpassing the $35 trillion mark. There is plenty of blame for this mess. Yes, former President Donald Trump added $8 trillion to ...

And if you haven’t already developed a debt payoff plan, start getting ahead of the issue now. 5. Take advantage of credit card rewards Credit card rewards can offer a big boost to your holiday ...