If you have a credit card debt repayment problem, you are not alone. The country is full of people trying to effectively manage their debt. You need only turn on the television and see the number of debt help commercials. If they were not getting business through this marketing, they would not be spending the money on it. If you have debt, you do have options for resolving it.
The best way of getting out of debt is to follow one of the debt relief plans that are documented in books by Dave Ramsey or Larry Wingett. The Debt Diet on Oprah.com is also a good one. These plans are really quite similar and they explain the basics of budgeting, keeping a journal of your spending and snowballing your debt repayment. Although these are not the only plans available, these will teach you how to live within your means and when you have completed your debt repayment plan, you will be in a great position to live out your dreams by planning financially for them.
If you feel that you need debt relief help that will offer you more structure, a nonprofit consumer credit counseling agency is an option that you should consider before debt settlement or bankruptcy. This option will allow you to consolidate many of your unsecured debts into one account that requires only one payment each month. Debt counseling is not a loan and it does not require a credit check or home ownership. It is also credit friendly, because you will be repaying your balances in full.
Your interest rates will be dropped significantly and your fees eliminated. You are looking at a repayment period of about 3 to 5 years. Your payment will be about 2% of the amount debt enrolled in the program. If you have a credit card debt problem, now is the time to address it. Waiting will only make the problem worse.