Your 5 Step Guide to Getting Debt Relief Fast

Your 5 Step Guide to Getting Debt Relief Fast

Your 5 Step Guide to Getting Debt Relief Fast

Carrying balances on multiple credit cards is stressful and expensive, and paying them off quickly can be a challenge.

This 5 Step guide can help you develop a plan to pay off your debt or identify the best debt relief option when a traditional payoff plan just won’t cut it.

Stop making it so difficult to get debt relief

The only way to get out of credit card debt is to stop creating new debt while paying off what you owe.  

You need to get a budget in place—written out and not just in your head. 

Create a budget that’s optimized for getting out of debt

Take stock of your debts and decide on a repayment strategy

Take stock of your debts and decide on a repayment strategy

Now it’s time to get down to the nitty-gritty of obtaining debt relief. That starts by figuring out exactly how much you owe, what it’s costing you, and where each debt stands.

Set up a debt reduction plan

Set up a debt reduction plan

Set up a debt reduction plan

Set up a debt reduction plan

This is where your budget comes in because minimum payments aren’t going to help you get out of debt quickly. Instead, you need to put as much money as possible towards paying off one debt at a time.

Explore options for debt relief

Explore options for debt relief

Explore options for debt relief

Explore options for debt relief

Let’s go over the most popular forms of debt relief and the best situation to use each one. These solutions can help you avoid bankruptcy and get out of debt as quickly as possible.  

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