Dave Ramsey is famous for his widely used "baby steps" to financial freedom, but not everyone agrees with some of his more frugal policies.

When you'll be debt-free: The amount of time until you are debt-free, based on your current balance and monthly payments. Step 2: Choose your credit score range to see your debt consolidation options.

“It takes $60,000 a year to pay your house payment, so if you were to live on $200,000, you would be debt-free in a little over a year,” Ramsey told her on a recent episode of “The Ramsey Show.” “Kind ...

It may be tempting to pay the bare minimum, but because minimum payments only cover interest and a little principal, it could take decades to become debt-free. Meanwhile, interest is compounding on ...