All You Need to Know About Debt

Getting a seemingly endless influx of credit card statements can be intimidating and frustrating. From paying off student loans and credit card debt to dealing with mortgage and car loan payments, debt can start to chisel away at your savings and outlook.

There might be a way for you to get out of debt sooner or reduce the damaging effect of debt on your credit score, though. GOBankingRates has hundreds of articles on preventing, reducing and eliminating debt so you can get back to your normal spending routine and stop worrying about collections.

How to Get Rid of Debt

Some of the solutions you’ll find in the site’s articles include:

  • Selling your car to pay off the loan, then paying cash or a lower monthly payment for something cheaper
  • Consolidating credit card debt for less stress and possibly a lower interest rate
  • Refinancing your home to get a lower interest rate and lower monthly payment
  • Filing for bankruptcy
  • Getting control of your budget and cutting back on spending

As you work toward paying off your debt and accomplishing your financial goals, GOBankingRates is here to help you learn, save and achieve. The site’s finance experts research local housing markets, loan rates, investment rates and more to make sure you have the information you need.

GOBankingRates is your one-stop source for financial information. Start browsing today, and get out of debt.

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What is a Good Debt to Income Ratio?

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Pros and Cons of Debt Consolidation Loans

Learn the advantages and disadvantages of debt consolidation loans.

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