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Three steps to a clearer debt picture

DebtFreeGuide is a research-based reference. These steps put the guides and tools in a sensible order. This is general information, not financial or legal advice.

Step 1: See what you owe

List every debt with its balance, rate, minimum and due date, then check how your minimums compare with your income.

• Debt inventory worksheet, printable, with totals.
• Debt-to-income calculator, using your own figures.
• How to choose which debt to pay first

Step 2: Pick a payoff approach

If you can cover the minimums, choose a method and protect yourself against the next surprise bill.

• Debt avalanche vs debt snowball
• How to pay off credit card debt faster
• Emergency fund or card debt first?
• Should you pay extra on your mortgage? and the extra payment calculator

Step 3: Weigh bigger moves, or get help

If minimums are out of reach or a new loan is on the table, compare options carefully and consider a nonprofit credit counselor.

• Debt triage and refinance guide
• If you can only afford minimums
• When debt settlement enters the picture
• What bankruptcy actually does

See all tools, or learn how we check what we publish.