Debt

Debt is something many of us face — whether it’s credit card debt, student loans, a mortgage, or car payments. Paying down debt now can feel overwhelming, but with a clear plan, it can become manageable. Taking steps now can help reduce stress, improve financial flexibility, and support future goals.

Where would you like to start?

View All Close All

I’m overwhelmed by my debt. What should I do first?

There are common types of debt that many people have, like credit card debt, student loans, and a mortgage. Balancing payments can be challenging, but it’s important to determine where to start, and then you can keep paying money off using a strategy that works for you.

Credit card debt

Credit card debt often feels the most urgent because of high interest rates. Learn about payoff strategies, including the debt snowball and debt avalanche, and choose the approach that motivates you.

Watch: Explore credit card debt strategies
Read: Reduce your credit card debt today

HPE Student Loan Repayment Program

Eligible team members can receive up to $2,000 in year 1, $3,500 in year 2, and $3,500 in year 3 toward your student loan repayments.

Learn about the HPE Student Loan Repayment Program

Create a debt payment strategy

Two common repayment methods are:

Debt Snowball: Pay off the smallest debt first
Debt Avalanche: Pay off the highest interest debt first

Explore more options and determine what approach for debt payment best fits your goals.

See debt payment tactics

I’m ready to take control of my debt but need a plan.

You’ve already made a strong first step by getting started here. Debt builds over time, and it can take time to pay down, too. With a clear plan, you can make steady, meaningful progress.

Your credit score

Understanding the types of debt you have and how they affect your credit score is essential. Explore actions you can take today to strengthen your credit profile.

Watch: Improve your credit score

Manage debt checklist

This checklist walks you through practical steps for organizing your debt, prioritizing payments, and tracking your progress.

Use the debt management checklist

Mortgage basics

Mortgages often represent a large share of personal debt. Learn about key terms, refinancing options, and how homeownership fits into your financial picture.

Learn mortgage basics

My debt feels under control and I’m building good habits.

Staying consistent is the key to long-term financial wellness. These resources can help you refine your habits and continue building a strong financial foundation.