: Debt is often considered "too much" if it cannot be repaid within six months without liquidating retirement accounts, or if total monthly obligations exceed 36% of your gross income.

: Focus on the debt with the highest interest rate (APR) first. This is the most efficient method mathematically, saving you the most money in total interest over time. 3. Debt Relief and Consolidation Options

Before choosing a strategy, you must define the severity of your debt:

Decide between psychological motivation or mathematical efficiency:

If self-repayment is not feasible, consider these more formal paths: Credit card debt. What to do if you cannot pay - StepChange