I like to use the "Stair Step Method". You make a list of all of your credit cards by rate. You pay the highest amount on the highest rate card so it gets paid off first. All the while paying every card, every month to keep your credit rate up. Then when you pay off the first card, pay that payment on the next card on the list. Keep doing that until all the cards are paid off.
Example:
Step one:
Card 1 $50 24%
Card 2 $25 18%
Card 3 $25 14%
Step two: (after card one is paid off)
Card 2 $75 18%
Card 3 $25 14%
Step three:
Card 3 $100 14%
The amounts are only suggestions for this example. If you must use your cards in an emergency use that same list to determine your lowest rate card and always use that card first. References : CPA
If you live in a house then you might be qualified. Look in a phone book and look for the name of the business Primerica Financial Services then called them up to meet with them. Tell them that you want to fill out a S.M.A.R.T application because you want to eliminate debt. References : financial agent
January 23rd, 2009 at 7:59 am
BANKRUPTCY or win the lottery
References :
January 23rd, 2009 at 8:06 am
rob a bank (but dont tell anyone I told you to!)
References :
January 23rd, 2009 at 8:18 am
Marry a richman thats legal, or take to the streets thats not…but it is very much the same thing
References :
January 23rd, 2009 at 8:38 am
I like to use the "Stair Step Method". You make a list of all of your credit cards by rate. You pay the highest amount on the highest rate card so it gets paid off first. All the while paying every card, every month to keep your credit rate up. Then when you pay off the first card, pay that payment on the next card on the list. Keep doing that until all the cards are paid off.
Example:
Step one:
Card 1 $50 24%
Card 2 $25 18%
Card 3 $25 14%
Step two: (after card one is paid off)
Card 2 $75 18%
Card 3 $25 14%
Step three:
Card 3 $100 14%
The amounts are only suggestions for this example. If you must use your cards in an emergency use that same list to determine your lowest rate card and always use that card first.
References :
CPA
January 23rd, 2009 at 8:59 am
If you live in a house then you might be qualified. Look in a phone book and look for the name of the business Primerica Financial Services then called them up to meet with them. Tell them that you want to fill out a S.M.A.R.T application because you want to eliminate debt.
References :
financial agent
January 23rd, 2009 at 9:47 am
Plenty of good advice here.
References :
http://www.debt.jims-info.com/
January 23rd, 2009 at 10:09 am
Here are some debt reduction tips:
Debt Consolidation - Get Out Of Debt
http://www.askaquery.com/Answers/qn1643.html
How to Hire a Debt Counselor?
http://www.askaquery.com/Answers/qn1584.html
What is Debt Relief?
http://www.askaquery.com/Answers/qn1583.html
Debt Management and Building Wealth
http://www.askaquery.com/Answers/qn1581
References :