High-interest loans keep borrowers stuck; the avalanche strategy offers a practical, interest-saving exit path.

Ashley Eneriz is a financial writer who has been published on a myriad of sites. She has 10+ years of financial writing experience. Investopedia / Nez Riaz There are two popular strategies for paying ...

Ramit Sethi has been helping people improve their finances for more than a decade. His book "I Will Teach You To Be Rich" has thousands of Amazon reviews and continues to resonate with many people on ...

While he’s paying the credit card bills, he wants to get ahead financially and do other things with his money. The debt snowball or debt avalanche methods could both work to help him become debt-free ...

I recently saw a snowball stand at a local event and immediately thought two things: 1) I really needed one, and 2) these are just as satisfying as a debt snowball — where you’re crushing high ...

When you live in the U.S., it can seem like all roads lead to debt. It's how we get through college, how we deal with emergencies, and how we pay for our homes. In fact, according to Experian, the ...

Nearly 175 million Americans carried credit card debt into the holiday season, according to TransUnion data. With balances ...

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 ...

If high-interest balances have been weighing you down, now is the perfect time to take control and start fresh.