Only making minimum payments can have big consequences for your wallet — especially in today's high-rate landscape.

With the debt avalanche method, you pay the card with the highest APR first – which is your 29.9% APR card – and make minimum ...

While paying off credit card debt can feel overwhelming, it’s doable with a solid plan and a bit of persistence.

The best debt consolidation loans are from LightStream, SoFi and PenFed Credit Union, all of which offer interest rates lower ...

Ultimately, having too much debt can cause a downward spiral financially — with increasing debt loads and high interest rates ...

Interest paid on outstanding student loan debt, mortgage and home equity loan debt, business expenses, and interest on money ...

Learn about the distinctions between good debt versus bad debt. Learn how to leverage debt as a tool for financial growth ...

Using a personal loan to pay off credit card debt could be a smart move if you can secure a lower rate or are juggling multiple credit card payments Paying off credit card debt with a personal ...

which will determine what you qualify for and can lower your rate. Another option for debt consolidation if you have credit card debt is a balance transfer. A balance transfer is when you transfer ...

Nearly 25 percent of all Americans are facing unsecured debt that they say is "unmanageable," according to new data released from Experian. The rise in debt after the pandemic has caused many ...

Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about personal loans, home equity loans, mortgages and banking. She lives in North Carolina and has taught ...