Find out why Dave Ramsey says debt consolidation is a horrible choice and why wealthy people don't use it.

Many folks today are facing ever increasing burdens of debt. Break free of this today.

Regulators with the Office of the Comptroller of the Currency began pressuring card issuers to raise minimum monthly payments. The new law for minimum payments went into effect at the end of 2005, and several credit card companies have already doubled their minimum monthly payments from 2% to 4%. If you are a homeowner, you may want to consider a debt consolidation loan through a mortgage refinance or home equity loan (second mortgage) because it will not only reduce your debt, but you also may get a 100% tax deduction on the interest you pay on your loan.

Getting out of debt. How to make the all-important first communications work in your favour. Methods used by the debt management professionals

Given a choice between getting rich quick and getting rich slow, I'll pick the faster route every time wouldn't you? Of course you can always ask for the third option - not getting rich at all.

If your plans for the near future include eliminating debt, then you should consider switching to a low or zero interest rate credit card. Find out how it can save you money.

Your debt reduction plan MUST include some form of organization or it may very well fail. Here's why organization is a critical component of your debt reduction plan and how you can easily get started right now.