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These days, debt elimination is high on everybody's list of priorities.

While some borrowing is productive, excessive borrowing can get you in trouble. Borrowing to get an education is different from borrowing to buy a bigger TV. No matter where your debts are from, there may come a time when debt elimination makes sense.

You can pursue debt elimination on your own, or you can hire a consultant to help. Most people come out ahead doing it themselves. To learn the basics and get some ideas, see our page on Debt Elimination Basics.

Further reading:

Comments
March 13, 2009 at 11:14 pm
(1) George Webber :

Some great advice in this article. One of the biggest things to consider is do you want to waist time with trial and error. Having the right plan in place can make all thck,e difference in how long it takes to eliminate your debt. Extreme caution should be exercised, but there are programs out that to help, you just need to know where to look.
Good Lu

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