Welcome to NerdWallet

Debt-Free: Get There, Stay There

Every day, people around you are getting out of debt. They pay off their cars, or their credit cards, or their student loans. And then they decide: Never again.

Unshackled by debt, they make their own choices instead of those dictated by the monthly payments.

Becoming debt-free can be a slow and steady process, or you may decide to go all-in and make big sacrifices to get there quicker. The path to debt freedom will involve better budgeting for everyone, debt consolidation for many, and for those whose obligations are overwhelming, options such as bankruptcy or debt management plans.

The most important factor will be your commitment to doing what’s needed to reach your goal. And the relief of being debt-free will be your reward.

How I Ditched Debt: Real people share their success stories