When you are facing a mountain of credit card debt, many people get confused and overwhelmed with all of the information that is out there to "help". Over the last year or so, we added many posts to this blog about various options for Credit Card Debt Elimination.
I thought it might be helpful to pull together what I find to be the most helpful posts on your best 3 Credit Card Debt Elimination Options:
#1 If you can keep up with your current payments, you should try to eliminate your debt with a Debt Snowball. Click on the link below to read a post about what a Debt Snowball is and how to use it.
#2 If you have fallen behind on your debts, but would be able to keep up with your payments if you could just get caught up, Debt Consolidation may be your best Deb Elimination option! A Debt Consolidation program can help reduce your monthly payments, lower the interest rate your credit card companies are charging, and put you on a "level payment plan" to get you out of debt FAST! Click on the link below to read a post all about what a Debt Consolidation program can do for you.
#3 If you have had a drastic change to your monthly finances (loss of job, divorce, illness...) or if you are behind on your credit card or other unsecured debt payments by more than a couple of months, Debt Settlement is probably going to be your best option. Click on the link below to learn about Debt settlement and how it can help you reduce your monthly payment, get rid of interest and fees altogether, and eliminate your debt for HALF of what you owe!
If you still have questions about the options available to you, or if you want to find out how to get started with these programs, our Debt Solution Specialists can help. Feel free to ask a question in the comment thread below, call our toll-free number, or click on the button at the bottom of the page for a FREE DEBT ANALYSIS! We are here to help find the right solution for your situation.