Take Your
First Step Towards
a Debt-Free Future

Have debt? You’re not alone. 8 out of 10 Americans reported having some debt in 2020. Debt isn’t inherently bad, in fact, it can be a necessary tool to get an education. It can also help you build your credit and can be useful when you want to finance large purchases. However, the type and amount of your debt make a big difference in assessing your financial health.

Despite significant economic improvement in 2021, consumer debt in the U.S. has once again hit an all time high. By the first quarter of 2022 it climbed to $15.83 trillion – more than double what it was in 2003 and 20.9% higher than the total pre-pandemic.

Most people in debt share a common goal: to pay it off quickly and save as much money as possible. No one wants to spend more than they have to. Fortunately, there are many different ways to get out of debt faster and for less money. Consider six of the cheapest ways to get out of debt and find the solution that is right for you.

Debt consolidation loans are a common method of refinancing that involves paying off high-interest debt with a new lower-interest loan.

Have debt? You’re not alone. 8 out of 10 Americans reported having some debt in 2020. Debt isn’t inherently bad, in fact, it can be a necessary tool to get an education. It can also help you build your credit and can be useful when you want to finance large purchases. However, the type and amount of your debt make a big difference in assessing your financial health.

Despite significant economic improvement in 2021, consumer debt in the U.S. has once again hit an all time high. By the first quarter of 2022 it climbed to $15.83 trillion – more than double what it was in 2003 and 20.9% higher than the total pre-pandemic.