SmartMoney Monday: Paying off holiday debt

The average amount owed among those with holiday debt is more than $1,100. To pay off your debt quickly, you need to figure out what you owe and which debts are costing you the most. Credit cards with the highest interest rates are the ones that will end up costing you the most in the long run. By focusing on those first, you can decrease how much you owe over time.

SmartMoney Monday: Paying off holiday debt