Straightforward Ways To Get Out Of Debt 

Right now, many Americans are a medical emergency or a natural disaster away from bankruptcy,” says Debt.com chairman Howard Dvorkin, CPA. 

Before you can start, you need a clear picture of your situation. You can do this by adding up your debt and reviewing your debt and budget.

Once you know how the money you have coming in compares to what you owe, you can devise a perfect plan like the snowball or avalanche method. 

For the snowball method. You start by paying off your lower debts, then slowly work up to the larger ones. 

On the avalanche method, you list debts from highest to lowest interest rates. Since interest rates and APR compound on your original debt, you should pay them off before your bill keeps growing. 

One extra tip to help you along the way is to call your creditors. Believe it or not, a simple phone call could reduce your interest rates.   

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Get started today and be debt free!