Consolidating and eliminating credit card debt

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They tempt you with a good initial interest rate or some other perk, but those may quickly turn into high interest rates and fees.

Be selective about what you charge on your credit cards.

You should have the terms to your credit cards tucked away somewhere.

Drag them out and answer the following questions if you are thinking about consolidating.

A Debt Consolidation Program (DCP) takes care of your unsecured debt, which includes credit card debt, payday loans, unsecured lines of credit, and other unsecured loans.

It’s a simple, straightforward solution with big, big benefits such as: In addition to this simple, personalized plan, this type of program also includes having a friend on-hand to explore your beliefs about money and to teach you easy money management skills that can last a lifetime.

It all depreciates the moment we walk out of the store. Retail store credit cards, these are usually a bad idea.

If you think this, you may be surprised to find there are many ways to pay off debt and several ways to consolidate.

Your options really depend on how serious your debt is, how quickly you want to see it disappear and your ultimate intent.

Auto loans - Most everyone needs a car, but buy within your means.

You may want a Jaguar, but a late-model used Volkswagen might be the better choice.

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