It's Easy To Get Into Debt
posted on February 25, 2008 5:21 PM in Debt | Permalink
It's easy to get into debt - just make a few big purchases on credit and make the minimum payments. The higher the interest rate, the faster you go down into the depths of debt, taking your credit score along for the ride. But you can turn it all around -- getting started is as easy as 1-2-3!
1. Pay off or pay down your credit cards several weeks before they're due.
2. Correct any errors in your credit reports - errors are common!
3. Drop your credit card spending down to 10 percent or less of your available credit.
