Credit card debt is expensive and potentially bad for your credit score. The most cost-effective method for paying it off is typically the debt avalanche strategy.

Don't let these four mistakes wreck your debt payoff plans in 2026. Learn how to outsmart them and ditch your balance faster.

Got credit card debt? Want to pay it off? Oddly enough, another credit card might just be your best bet. It’s one of the stranger ironies in personal finance: Credit cards carry some of the highest ...

Home equity loans and home equity lines of credit (HELOCs) have lower interest rates than credit cards. That can lead some homeowners to use them to pay down large credit card bills. But this method ...

Several different strategies can help you get out of credit card debt — from payoff plans like the avalanche and snowball methods to consolidation products like balance transfer credit cards and ...

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, ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. There’s a reason so many Americans end up with credit ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

Using a tax refund to pay down high-interest credit card debt can save you money and improve your credit. Making a plan for all of your cash windfalls, including tax refunds, can help you maximize ...

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 loan ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Whenever you have a credit card in your name, it ...

Paying off credit card debt is hard enough without unforced errors that quietly add years and thousands of dollars to the ...