Overcome debt on your terms.

Your equity compensation can be part of the plan.

Debt making you sweat? These strategies can help you stay cool.

Understanding debt is the first step toward managing it. By leveraging resources like your equity compensation, you can potentially increase stability and open doors to more financial opportunity. We've got the resources and support you need to get started.


    Start paying down your debt with these strategies.

    Dishes of cooking ingredients separated out to represent precentages.

    Have an interest in paying off debt? Great. Because it starts with interest rates! Consider paying off your accounts in order from highest to lowest rates to help save money. Another strategy is to pay off accounts from lowest to highest balance.


    Consider consolidation to pay off debt.

    Person working on a laptop and holding a document

    Debt consolidation is the act of taking out a single loan to pay off multiple loans. In the short term, this can simplify finances and free up monthly cash. But long term, it can extend your pay-off date and add some risk into the equation.


    Use credit to help take control of debt.

    Two hands; one holding a credit card and the other typing on a laptop

    Credit can be a great way to manage debt, but it can also cost you in ways you might not expect. Staying aware of things like credit ratings, interest rates, late fees, and the purchases you make can help you use credit wisely.

To borrow or not to borrow? That is the question.

Not all debt is unhealthy. If you plan for debt in a smart way, you can set yourself up to manage it gracefully in the future. To help with your borrowing needs, we offer access to margin loans, mortgages, home equity lines, and non-purpose lines of credit.

Two people sitting on a couch reviewing notes on a notepad

Go deeper with Schwab's insights and education.

Go deeper with Schwab's insights and education.

Our insights library includes a wealth of straightforward resources covering investing, trading, tax-smart retirement planning, and more.


Ready to start a conversation?

Whatever your financial needs might be, we have experienced professionals here to help you with them.

Call 800-654-2593.