answersLogoWhite

0


Best Answer

put all of your debts down. look at what you can do without or less of. stop spending is the easiest thing to day but you need to ask yourself "why do you spend on what your spending on in the first place. You can also call your creditors and negotiate some lower payments, also look at your higher interest rate items and start paying them off or negotiate the interest rate.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are ways to reduce or iliminate debt?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Ways to reduce or eliminate debt?

You can make a budget


What are some ways to reduce debt?

Don't borrow


How can one reduce their tax debt?

There are many ways one can reduce tax debt. One can reduce their tax debt by hiring a tax professional, re-checking tax returns, and choosing a debt plan.


How do you reduce debt easily?

There are several ways to easily reduce your debt. For example you can hire a debt consolidator to help, or file bankruptcy , or even hire debt helpers. You can even make a budget and follow it closely.


How do you learn how to reduce debt online?

Debt Management has great ways to reduce debt online. They ask you for your credit card amount, payment status on your credit card amount and your contact information. Debt Management truly helps with reducing debt.


What are some ways to reduce credit debt?

Credit Card Debt can be reduced by several means. You can try calling the company that owns the credit card and perhaps reduce your interest rate. If the debt is to high credit counceling through various agencies maybe needed.


Where can one find information regarding cheap debt consolidation?

RBC bank is great for finding cheap debt consolidation as RBC promises to reduce your debt while saving you time and money. The RBC site has a lot of information on how you can reduce your debt and gives you many ways to manage your cash flow.


What is the purpose of credit counseling?

The purpose of credit counseling is to let a person know ways to reduce their debt. They also counsel people in ways to stay out of debt. A person might need credit counseling if they are about to file for bankruptcy.


How can one learn how to reduce debt?

Someone can learn how to reduce debt from a number of websites such as Debt Canada. Debt Canada provides individuals and businesses with debt counselling services.


What are ways to lower my debt before I get married?

There are many programs that can help you reduce your debt but there is no quick solution. Things like this will take time and patience. Here is a site that may help you: http://federaldebtreliefs.com/debt-reduction.html


Where can I learn about debt loans for credit cards?

When one is that deep in debt, one really should find a way to reduce debt without adding to it. Increasing debt to survive is not a way to reduce debt.


What are some ideas to reduce a credit card debt?

Ways to reduce a credit card debt involve not using it any more, making payments regularly, and paying more than the minimum amount to help reduce the amount of interest. Customers may also contact the lender and ask for a lower interest rate.