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Bankruptcy. Bankruptcy is a legal process that provides relief from overwhelming debt by liquidating assets or creating a repayment plan. Chapter 7 bankruptcy is ideal for unsecured loans (such as ...
Balance Transfers. “If you have $15,000 in credit card debt, you must employ a few tactics to pay it off in less than five years,” said Jake Hill, CEO of DebtHammer. “I suggest taking ...
The most convenient way to pay your rent using your credit card is by making a direct payment to your landlord or property manager. Often, landlords will set up online payment portals or use ...
Sticking to a budget and cutting expenses can free up more money to pay off your credit card debt. Prioritize Debt Repayment. When facing credit card debt, it is crucial to prioritize your debt ...
Here's your 11-step plan to tackling credit card debt this year. Pekic / Getty Images/iStockphoto. 1. Tally Up, Review and Analyze Your Debts. According to Howard Dvorkin, CPA and chairman of Debt ...
2. Test the snowball method. With the snowball method, you pay off your debts from smallest to largest. Getting a debt paid off in the shortest time possible is a good motivator that could help ...
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