A Debt Elimination Plan is a strategy designed
to help you get out of debt and on your way to financial freedom.
Using this strategy will help you cut the amount of time necessary
to pay off your debts while saving you a tremendous amount of
money on interest. Although there are many steps involved in
this process, it is not complex and can be followed by anyone
willing to make the following commitments to becoming debt free.
- Do not take on any additional debts. That means no credit card
spending or additional loans acquired.
- Commit to making consistent payments every month.
- Commit to spending less money than you earn every month.
- Be willing to analyze and alter your spending habits to stay
within your debt elimimation plan.
RESOURCES: Debt Elimination Plan
FTC Bureau
of Consumer Protection - Consumer Information: Credit & Loans
Credit Report
and Score Information from Experian.com
TransUnion
- Check Your Credit Report and Credit Score Online, Instantly
and Securely
Equifax
Products: Credit Reports, Credit Scores & Identity Theft
Protection
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