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.

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Credit card debt has become a pervasive financial challenge ...

Paying only the minimum keeps your card current, but it can trap you in debt for years and cost thousands in interest.

When it comes to credit cards and loans, we are faced with a plethora of information which is why it is so important that we first take the time to educate ourselves and understand these terms and ...

Paying off your credit cards right away can help you avoid wasting money on interest. It could also help keep your credit score in great shape. There’s a good chance your credit card will charge you ...

Paying more than the minimum on credit card debt can help you pay down the balance more quickly and pay less toward interest. Lowering your credit card balance also decreases your credit utilization ...

America has a credit card problem. The average consumer has four credit cards and carries a total balance of around $6,000, according to the Federal Reserve Bank of New York’s most recent data. U.S ...

Using a personal loan to pay off credit card debt can save money on interest and simplify monthly payments. Keep in mind that personal loans are still a form of debt, so it’s important not to rack up ...

Consolidating credit card debt with a personal loan can save you thousands in interest and boost your credit score -- if you ...