Debt

Clear answers to debt questions - payoff strategies, collections, consolidation, and getting back to zero.

5 guides in this topic.

Where to start, and why in this order

How to judge borrowing, then how to read its price, then the two decisions everyone with a balance has to make.

Read Guide The question it answers Format
1 Is There Such a Thing as ‘Good’ Debt? How to tell productive borrowing from the costly kind. Comparison table
2 What Is an APR and How Is It Different From an Interest Rate? Two percentages, one loan. Here’s which one to trust. Comparison table
3 Should You Pay Off Debt or Save First? It’s rarely all-or-nothing. Here’s how to weigh it. Comparison table
4 Debt Snowball vs Debt Avalanche: Which Should You Choose Two payoff orders, two different things they’re each trying to win. Comparison table
5 Is It Okay to Invest Just a Small Amount While Still Paying Off Debt? Debt payoff and investing don’t have to be an all-or-nothing choice. Comparison table

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