What's the best consumer option for paying down credit card debt? The answer is steeped in irony and may surprise you.

Key takeaways Using a personal loan to pay off credit card debt could be a smart move if you can secure a lower rate or are juggling multiple credit card payments Paying off credit card debt with a ...

Learn the best ways to pay off credit card debt so you can enjoy greater financial freedom. We offer 10 strategies to eliminate your debt. My Account. Benzinga Edge. Benzinga Research.

If you have credit card debt, you're not alone: Americans owe a record $1.08 trillion on their cards, according to credit reporting agency Experian, with the average balance pushing past $6,300 ...

There are numerous ways to pay a credit card bill, including through an online account management portal, over the phone or ...

Credit card debt can be overwhelming. Once you've spent more than you can pay off, your debt can balloon as interest charges rack up and deepen the hole you're in.

For example, if you transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.

Balance transfer credit cards that offer 0% interest for 12-18 months can provide breathing room if you can pay off the full balance during that period—more on that below.

To pay off credit card debt, start with your credit score to assess your options. Checking your credit score will not damage your credit. Subscribe to Kiplinger’s Personal Finance.

Even if you put that same monthly payment of $466 to your credit card in this scenario, you’ll pay about $2,326.79 in interest, and it’ll take three months longer to pay it off than it would ...

That makes your debt cost more and extends the amount of time it will take you to pay off your credit card debt. Despite the payments I dutifully made every month, the interest charges and new ...

But if you move your debt to a balance transfer card that offers no interest for up to 20 months, you can save a large chunk of money and pay off your credit card faster.