So how do we get started to eliminate credit card debt. Well firstly, you need to know where you currently are. Most people don’t actually realise how much debt they are in. Firstly, examine how many credit cards you have and how much you owe on each one. Also you need to look at the interest you are paying on each card. Now calculate the total amount of debt you are in and how much you are paying in interest. You will end up with a figure - a goal to set yourself. For example, if you calculate you’re in debt of $10,000, your goal will be to eliminate credit card debt of $10,000.

This entry was posted on Thursday, October 9th, 2008 at 6:16 am and is filed under News and Events, Credit, Debt, Finance, Loans, Money. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.