Ramit Sethi took to his site to address the difference between the two approaches, and how to best choose your way out of ...

These moves can help you avoid years of back-breaking interest.

If your goal is peace of mind, paying what's owed can feel like a weight lifted. You eliminate collection calls and remove ...

Learn the best strategies for whittling down what you owe, depending on how much debt you have. This page includes information about these cards, currently unavailable on NerdWallet. The information ...

Consumer debt is reaching new heights — it increased by 18.3 billion dollars in the second quarter of 2025 — and even though the Federal Reserve just lowered interest rates slightly, it’s become more ...

The “debt avalanche” method prioritizes saving money on interest by focusing on the highest interest rate debt first while ...

"Less ideal debt" is for buying an asset that drops in value, like a car loan, or has a high interest rate, like credit cards. "Necessary debt" is used to buy an asset that can rise in value, like a ...

Nobody ever said debt was fun and it’s not. It’s emotionally and financially stressful, especially when you find yourself in an endless cycle of trying to pay it off. But that doesn’t mean you should ...

It's the time of year when even the best-laid budget plans get thrown aside, and credit-card balances start climbing. During the holiday season, it's common to set expectations high, which can easily ...