"Debt repayment" refers to the act of giving back money that you have borrowed from someone or an institution. It means paying off the money you owe in installments or in one go, ensuring the lender is reimbursed. Full definition
So use the best balance transfer cards to your advantage, but also develop an action plan for debt repayment. (makelemonade.co)
Below is a complete explanation of both types of debt repayment strategies so you can compare which method is right for your situation. (thesimpledollar.com)
But I would definitely focus my attention on debt repayment as their short - term goal. (moneysense.ca)