Use a balance transfer credit card to consolidate your debt with 0% interest rates for the first 15-24 months. While you’ll pay 3-5% of the balance you transfer, you’ll save hundreds or thousands of dollars on interest over the next several months as you pay down your debt. The setb...
No matter which method you choose, review your full financial situation and make a plan you can stick with until you're debt free. Seeking professional guidance can help determine the right debt repayment strategy for your unique circumstances....
Tax strategy and planning Tax preparation and filingView all tax preparation and filingTax credits and deductionsTax formsTax software and productsTax preparation basicsNerdWallet tax filing Tax brackets and rates Solving tax issues Federal income tax calculator Credit cards Best credit cards Compare credi...
Step 5: Repeat the process until you pay off all your credit cards. Debt avalanche The debt avalanche strategy focuses on paying off your credit cards from the highest to the lowest interest rate. The idea is that paying off the cards with the highest interest will save you the mos...
once it’s paid off, use the amount you were paying on that and move to the next smallest. This strategy will give you much needed momentum toward your goals. Debt consolidation loans with lower interest rates are also an alternative you can consider to help squash your credit card debt ev...
Fact: 41% of Americans donot even have $500in savings. And more than half (54%) have no savings strategy and aren't sure how to change the situation. Related: How to Save Money Fast. Because you may need to use this money at any time, you don't want to take risks with it. Un...
as do all secured credit cards. But while most cards require you to put down a deposit equal to your credit line, this one allows some qualifying applicants to get a $200 credit line with a deposit starting at $49. Further, you can be automatically considered for a higher credit line wi...
A credit card affiliate program is a type of marketing strategy in which credit card brands partner with affiliates to promote their credit card products. Affiliates, also known as publishers or marketers, refer customers to credit card brands and earn a commission for each successful referral. ...
Instead, setup a strategy that provides the best return for the time you’re willing to invest. For rates and fees of the cards mentioned in this post, please visit the following links: The Blue Business® Plus Credit Card from American Express (Rates & Fees), The American Express Blue ...
A CD ladder is a savings strategy in which you invest in multiple CDs of different terms. The idea is to lock in high rates while maintaining liquidity. As the various terms mature, you can reinvest the funds. Editor’s Note: This article contains updated information from previously published...