Make America Debt Free Again!
“You must gain control over your money or the lack of it will forever control you.” — Dave Ramsey
Today 50% of American’s are in some kind of debt and we are expected to exceed the amount of credit-card debt that was racked up during the Great Recession. The average household has $17,000 in debt, and pay about $1,300 in interest a year to credit card companies. How are American’s ever going to get ahead of this?
It is simple, make it a priority.
Step 1: Figure out what you owe
Gather all of your credit card statements and figure out how much you owe to each creditor and their interest rates.
Step 2: Set money aside
Start setting money aside to be able to pay more to the credit card companies you owe money to. You need to be paying more than the minimum.
Step 3: Stop using your credit cards
Do not use your credit cards until your bill is paid off, this will just be adding to the debt you are trying to pay off. You can also move high-interest credit card balances to a card with a lower interest rate.
Step 4: Small amounts first
Pay off the credit cards that have a smaller debt first to get them out of the way. This will also help keep you motivated and see small victories!
Step 5: Get help
Paying off your debt can be hard and you might need some assistance, call a debt resolution company. They can help you manage your finances, work with creditors and resolve your debt for less then you owe!
The easiest way to get your debt down is to use a debt resolution company, Americor Financial is a reputable debt company accredited by the American Fair Credit Council. A financial consultant will help you review your current situation and evaluate your income and expenses. Then they will negotiate with your creditors to reduce the outstanding balance on your credit card accounts and resolve the debt for less than you currently owe.
American’s can get out of debt, it starts with one phone call (800) 719–4910. Let’s make American debt free again!
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