How to Get Out of Debt When Broke
Six steps to reduce debt when there's nothing left after paying bills — what to do before you miss a payment, and which programs lower your expenses first.
Tagged
debt payoff
4 articles
Debt Settlement vs. Consolidation
Debt settlement vs. consolidation: settlement adds 15–25% fees, tax on forgiven debt and a 7-year credit mark; a loan costs interest. See which costs less.
Debt Snowball vs. Avalanche
Debt snowball vs. avalanche: the avalanche saves more interest, the snowball is easier to stick with. Compare both on your debts and pick one you'll finish.
Pay Off Debt or Invest First?
Pay off debt or invest first? Compare your interest rate to the 6% rule, see the dollar math, and run your numbers in a free debt vs. investing calculator.