Sunday, December 2, 2007

Which Debt Reduction Strategy Is Right For You?

Getting into debt these days has become very easy. Credit card companies bombard us with offers in our mailbox, ads on TV, promotions in stores. If you can sign your name, it seems like you can get credit.
But what happens when you use so much credit that you can no longer pay your credit card bills every month?
And what happens when no matter how much you pay, your bills get bigger?and bigger?and bigger?
There are several strategies for getting out of debt.
All of them have their good points. And all of them have their bad points. Which one is right for you? Here is an overview of the different debt reduction options available to you:
Borrowing money from friends or relatives:
If you have a friend or relative who has enough money to help you View the rest of this article


No comments: