Here’s what you should consider when choosing a strategy.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

CHARLOTTE — Looking to pay off credit card debt? Action 9 investigator Jason Stoogenke wants to make sure you know about the “avalanche” and “snowball” methods. In both cases, keep paying your bills, ...

When you’re staring at a pile of debt — credit cards, loans, medical bills, etc. — it can be tough to figure out how to start paying it all off. It often seems like an impossible task, especially if ...

When I finished graduate school, I had $72,000 in student loans weighing me down. But less than a year after graduation, I’d paid it all off, thanks to the debt snowball method and some hefty ...

To pay your debt off fast, you could consider an option that gives you an upfront lump sum of cash, like a home equity loan.

Being saddled with debt can be stressful, especially if you're balancing that struggle with saving for long-term goals like growing your family or retirement. But if you do have debt, you’re certainly ...