Credit card debt, student loans, car payments and other forms of debt are daily stressors for millions of Americans because debt can start to chisel away at your savings and financial outlook.

Of course, not all debt is created equal. There are forms of “good debt,” such as student loans, that help you build credit and achieve your career goals. Student loans typically have lower interest rates than “bad debt,” which includes credit card debt.

The first step toward financial freedom is getting out of debt as soon as possible so you can spend your hard-earned money on something other than interest. 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. The sooner you pay off your debt, the sooner you can reach your other financial goals, like buying a house.

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Most Read Debt Articles

5 Ways Debt Settlement Companies Can Help You

Learn how you can get debt help from a debt settlement company.

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5 Things You Never Thought Could Put You in Debt

Don't overlook these sneaky costs that can wreak havoc on your finances.

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How to Find Out If You Have Debt in Collections

Learn the steps to finding out if you have debt in collections — and what you should do next.

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The Biggest Source of Debt for Americans in Every State

Find out whether mortgages, student loans, credit card or medical debt is the biggest source of debt where you live.

What is a Good Debt to Income Ratio?

Learn what a debt-to-income ratio is and why you need to know yours.

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Crucial Questions to Ask When You’re Deep in Debt

Learn what questions you need to ask yourself to create a plan for financial freedom.

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