One of the biggest mistakes people make when they need debt relief— they keep spending on credit cards while trying to pay them off.
You need to get a budget in place—written out and not just in your head.
This list will help you determine the best strategy to use to get debt relief: – If you owe less than $5,000 total, go to Step 4 to set up a repayment plan. – If you owe more than $5,000, go straight to Step 5 to start researching options for debt relief.
If you owe less than $5,000 total, then you may be able to get out of debt on your own just by making payments strategically. This is where your budget comes in because minimum payments aren’t going to help you get out of debt quickly.
Look into credit card balance transfers, debt consolidation loans, credit counseling & debt management plans, and debt settlements.