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Understanding how to use a personal loan to pay off your credit cards can help you get your finances back on track.

How to use a personal loan to pay off your credit cards

Learn how to use a personal loan to pay off your credit cards and get yourself out of crippling debt faster.
The debt avalanche strategy is helping Laura Dunn and her fiancé pay off credit card debt.

I’m paying off $23,000 in credit card debt while also saving for my wedding 7 months from now

Using the debt avalanche method, this soon-to-be-married couple is paying off credit card debt while also paying for their wedding out of pocket.
Unfortunately, the Fed's interest rate cut won't be much help to those in credit-card debt.

An expert says the Fed’s interest rate cut is so ‘minuscule’ when it comes to credit cards that it saves the average person in debt ...

With the median credit-card APR at 21.48%, a quarter-percentage point drop likely won't be felt by many credit-card holders who carry a balance.
Author is not pictured.

5 things I wish I’d done at age 20 to avoid racking up $15,000 in debt

Credit card minimums are not your friend, and other sage wisdom for all the 20-year-olds in your life.

5 personal loans with no hidden fees and low interest rates, for when you need a little extra cash flow

Need to do a home repair, have a medical bill, or need cash for an emergency expense? A personal loan can help.
48% of those in credit card debt reported being willing to cut their dining out budget in half in order to save money.

Here’s how much people with and without debt spend on 9 common expenses

The luxury spending habits of people in and out of debt aren't as different as you might think. However, those in debt are more willing to cut back.
Pay off debt fast by focusing on the most expensive debt first.

How to pay off debt fast, so you can start saving and investing for the future even sooner

To pay off debt fast, make more than the minimum payment on your highest interest debt. With this method, you save time and money on interest.

I’ve paid off more than $8,000 of credit card debt so far, and I couldn’t have done it without a free tool anyone can use

To track my debt-payoff progress, I used Google Spreadsheets, which I love because it's simple, shareable, and keeps me accountable to my goals.
A small habit change made a big impact. The author is not pictured.

I’ve paid off over $8,000 of credit card debt thanks to a simple habit change I didn’t realize I needed to make

She didn't realize that paying only the monthly minimum payment wasn't enough, and her credit card debt continued to grow.
Financial expert Ramit Sethi says everyone with debt should know their payoff date.

A financial expert and bestselling author asks anyone with debt the same first question

Financial expert Ramit Sethi says a person who knows their debt payoff date, whether it's credit-card debt or student loans, clearly has a plan.