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7 Important Debt Relief Tips

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Published on Nov 20, 2012

This video is brought to you courtesy of Pennsylvania Debt Relief .org.

7 Important Debt Relief Tips

1. Create a realistic spending plan -- a personal or family budget
2. Set aside money each month to pay down your existing debt
3. Stick with your plan. Avoid unnecessary "impulse" purchases
4. Contact your creditors requesting lower interest rates or to settle debt
5. Pay down debts one-by-one, starting with highest-interest debt
6. Don't use credit cards! Use a debit card to stay on track
7. Avoid taking out additional loans that add to your debt

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