How to Get Out of Credit Card Debt: A 5-Step Guide
Credit card debt may sound overwhelming, but the appropriate strategies can help one manage one’s finances and move towards becoming debt-free over time. The guide explains a five-step approach to getting out of credit card debt, including hiring a debt consultant for added support.The first step in managing credit card debt is to get a clear picture of your financial situation. List all your credit card debts, including the balance, interest rates, and minimum monthly payments. This will give you a comprehensive view of your debts and help you decide which debts to tackle first.
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