In a blog post titled 2 Steps to Eliminating Credit Card Debt, there are two (surprise) steps proposed to get free from credit card debt. These steps are:

1. Control your urge to spend
2. Debt consolidation

The two steps are simple enough and we’ve heard them before, but for many people, this is a lesson that has to be drilled in before we finally realized that the inability to do number one gets us in trouble in the first place and the failure to do number two keeps us caught up in the cycle for a lot longer than we need to be.

While the post advocates consolidating debts on a lower APR credit card, I would personally recommend Care One Credit Counseling for a well-managed, fairly automated, non-credit card option for debt consolidation. There are other debt consolidation companies, but in all cases, do read the fine print. Most importantly, when you begin any debt consolidation remember that you are not to incur any new debt. Many people lose sight of this small piece of information but it was unchecked credit card spending that got you in the situation in the first place. Read the full post on Everything Finance.

Tags | apr credit card, consolidating debts, credit card, credit card debt, credit counseling, Debt, Debt Consolidation, debt consolidation companies, debts, eliminating credit card debt, finance