A personal loan can be a good solution for paying off your existing debt, but it's not always the best choice.

Paying off collectors in full is one option ... It usually involves writing a pay to delete letter to the creditor or debt collector, outlining your risk. If the creditor agrees, you’d pay ...

Personal and small business cards issued by U.S. Bank are currently not available on CNBC Select and links have been redirected to our credit card marketplace where you can review offers from ...

You can also check out our list of best credit cards for alternative options. Paying off debt, whether it's a big credit card balance or a personal loan, doesn't just happen overnight.

The debt snowball method focuses on paying off your debts in order of smallest balance to largest. You make minimum payments on every debt except the smallest, where you pay as much extra as ...

If you're just making minimum payments, expect to stay in credit card debt for many years – about 25 years on $6,000, by our calculations. Here's how I paid off my $6,000 in credit card debt ...

Credit card debt can be overwhelming. Once you've spent more than you can pay off, your debt can balloon as interest charges rack up and deepen the hole you're in. There are proven strategies ...

Whether it's old debt or the holiday hangover, as big bills start rolling in, 'Budgeting for Dummies' author Athena Valentine says there are a couple of methods for paying them off fast.