One big problem with credit cards is if you keep using them for purchases, you may never pay off your debt. Personal loans, on the other hand, come with a fixed interest rate, a fixed monthly payment ...

A fairly common starting minimum payment for a $5,000 charge is $100 (2%). If you pay $100 a month and don't add to your ...

A HELOC could be the cost-effective solution to your high-rate credit card debt now. Here's why it could work.

Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off credit card balances and then paying off the new loan. Consolidating ...

Understand common debt repayment strategies you can use to pay off your balances and learn strategies for preventing further debt Many consumers carry higher credit card balances than ever, with ...

Banks are pitching home-equity lines of credit as a cheaper form of borrowing as Federal Reserve rate cuts could lower HELOC rates to the mid-6% range, according to one estimate An increasing number ...

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 ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. You can get rid of credit card debt ...

Personal loans are popular options for credit card debt consolidation. Replacing revolving credit card debt with an installment loan can help you pay less interest and clear balances sooner. By ...

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 ...