Debt Reduction

Knocking Out Your Credit Card Debt

Credit card debt has become common for some families, but you can get rid of it once and for all if you're ready. NerdWallet did an analysis data from the Federal Reserve and others on average households' credit card debt. They found that the average household has $7,087 and when you look at just the indebted households [...]

One goal that couples have when they want to build their finances is getting rid of their debt. High-interest ones, like credit cards (whose interest rates can be around 20-25%), can especially drain you. Using a debt snowball while lowering your interest rate on those debts can have a huge impact and peer to peer lending [...]

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