How to reduce your debt when your credit is good (700+)
Debt consolidation and debt settlement are two completely different strategies used by individuals to reduce current debt payments, and they can be used separately or together.
How to reduce your debt when your credit is ok (580-699)
Four years ago, popular personal finance guru Dave Ramsey popularized the concept of the “Debt Snowball.” His recommendation was simple – rather than pay down the debt with the higher interest rate first, pay down the smallest debt first regardless of the interest. The idea is that you’ll give yourself some small wins in reducing […]