If you are going to spend 5 months paying off your Christmas spending, it is better to do it before Christmas instead of after.
See two examples that show why you should pay off your high-interest credit cards before you build your emergency reserves.
A cash-out refinance can lower the cost of what you owe, but behavior change is the only way to actually reduce debt.
The more evidence you provide that you pay your debts, the higher your score goes.
Learn why paying off the most expensive debt first is a much less costly approach than the Snowball Method.