Getting into debt is so easy.
Just a swipe of the card, a late payment, and suddenly your interest rate is 30%.
Climbing out of this hole in the past meant grabbing a calculator and a notepad.
The tools to get out of debt just weren’t readily available, and understanding exactly how much financial damage you were doing to yourself was complicated.
You knew a big chunk of each payment was going to interest, but you couldn’t figure out how long it would take to pay off the debt.
Now you have so many tools to help you pay off debt that the simple task of deciding which tool to use can be overwhelming.
It’s the opposite problem.
But at least the tools are available. A majority of them even have smartphone or iPad apps so you can take your debt payoff calculations with you.
Not sure which debt reduction and debt payoff tool is best? Here are a few to get you started.