According to LendingTree, Americans owe $257 billion in personal loan debt as of the second quarter of 2025. And while paying off a personal loan can sometimes feel like it’s going to take forever, it doesn’t have to. With a few smart moves, you can speed up the process, cut down on interest and enjoy the sweet relief of being debt-free sooner. Be Aware: The One Loan That’s Almost Guaranteed To Deliver Financial Disaster Read Next: 7 Ways To Tell If You're Rich or Middle Class -- It's More Than Your Paych ...