Saturday, September 09, 2006

How to Get Out of Debt

If you are having credit problems such as delinquent debts, bankruptcy, repackaging, judgments, student loans, tax liens, or any other credit issues here are six tips to help you repair your credit.
  1. Chop Them into Tiny Pieces: Stop using your credit cards and pay with cash.
  2. Get Ahead: Pay more than the monthly minimum. If you can't, it's time to cut spending.
  3. Control the Reins: Develop a plan to reduce your total debt.
  4. Get a Deal: Reduce your interest rates, but be careful of the fine print - a credit card with 0% interest could cost you thousands in interest depending on how the credit card is structured.
  5. Work it Off: Get a part-time job in addition to your full time job.
  6. Purchase my book: How to Get Out of Debt: Get an "A" Credit Rating for Free Using the System I've Used Successfully with Thousands of Clients for more information on how to repair your credit on your own for free at all major bookstores and Amazon.

No comments: