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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.
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Ways to reduce or eliminate debt?
You can make a budget
What are some ways to reduce debt?
Don't borrow
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.
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.
