How to Figure Out How Much Debt You Have

Date: Oct 23, 2026

Figure out how much debt you have by listing every account balance from your credit reports and statements, then adding them up.

Gather Your Information

Get free credit reports from Equifax, Experian, or TransUnion. They show balances, limits, and payment history. Then check statements and online accounts for debts not on credit reports.

Put Together the Total

Create a table with four columns: who you owe, balance, interest rate, and minimum payment. Include credit cards, loans, medical bills, taxes, and personal debts.

If you find an account you do not recognize, contact the credit bureau or lender to verify it.

Having both numbers, the total and the monthly payments, gives you a clear starting point to begin paying down your debt.