Cheap ways to pay off your debts

If you're looking to pay off your debts for less, there are plenty of ways to go about it, from using your savings to taking out a balance transfer credit card with an interest-free period.

Use your savings
If you have any savings then you should use them to pay off all or part of your debts. The cost of the interest on your debts is likely to be far higher than you're earning on your savings.