How to Settle Credit Card Debt

It’s easy to feel as if you’re not a choice when you’re drowning in debt from credit cards, but that’s not the situation. Debt settlement is an option that allows you to negotiate a lower amount of debt to your lenders. Instead of paying the entire amount due, creditors can agree to reduce the amount...

Debt Snowball vs. Debt Avalanche: Which is Better?

Two of the most frequently employed strategies for repaying debt include the debt avalanche technique and the debt snowball strategy. Both strategies focus on the process of paying off debt but there are a few minor differences in the two. What is the main difference between these strategies and how do you determine which one is best...

How to Do a Balance Transfer on Credit Card

If you’re carrying a credit card that has an outstanding balance and a higher interest rate, it might be a good idea to transfer that balance to a lower-interest credit card. Even when you have a low-interest rate credit card, you might be able to locate the one that is better. If you’re a bit...