Nearly 2/3 of Americans may never know if or when they will be debt-free, according to a new study from creditcards.com.
There are a few things to tackle debt.
[Ads /]
To pay down debt, you can use the snowball method to pay off your debt -- attacking your credit cards with the least amount on them and then just pay the minimum on everything else.
There is also the avalanche method -- attack all of your credit cards with the highest interest rates first and then pay the minimum on everything else.
[Ads /]
You could also tackle it by doing balance transfers. There are offers where you may be able to transfer money onto another credit card and pay zero percent interest for a certain amount of time. This can save you hundreds of dollars.