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How to Find Credit Debt Help Online

Credit cards, credit cards, credit cards, AARRRGGGHHHH! The name itself sounds so scary and annoying, all because of how much havoc it’s creating amongst us. It encourages you to ‘shop till you drop’ and, before you know it, you’re drowning in debt, which isn’t a pleasant feeling at all. However, there are ways out there by which you can clear your debt. Help is not too hard to obtain, and it would be wise to use this help to clear off your debt burden.

There are a whole load of places which offer credit debt help online. Most of these companies have an online presence, so it shouldn’t be too hard to track one down and check out how they are going to help you out. A lot of research online is recommended so that you know exactly what you need to solve your credit card debt problem. If you have access to the internet, then I’d recommend you look around at all the companies offering credit cards, so that you can find out the one which gives you a longer payment period and which charges a lower interest rate.

However, there are some sites which offer the services of really useful tools which will help you to reduce your credit card debt. Given below are some of the tools:

1. Financial Health Quiz
This is quite a good concept, and basically involves you answering a series of questions (yes or no), which generally amount to no more than 20. At the end of the quiz, depending on your answers, you’ll be given a feedback on your current financial position, and what you need to do to fix it if the result is not good.

2. Debt – to – Income Calculator
This is fairly simple to use, and involves you inputting your debt amount, and all the income you earn. The calculator will then show you the percentage of your income that you are using to pay off your debts. If your results show anything less than 35%, you’re on the safe side, which means you can breathe a big sigh of relief. If it’s something between 35% and 49%, you better sit up and start taking note of ways to reduce your credit card debt, and if it’s anything over 50%, you better get some help as soon as possible. Credit counselors may be able to help you out.

3. Credit Card Math
This is a neat software which reveals to you those hidden costs that credit card providers never tell you about. It shows you why it takes so long to pay off your credit card debt, and tells you ways to pay off your debt faster, and avoid penalties. This software is available online for free, so I’d recommend that you check it out!

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