If you are hoping to purchase a house, or even just to improve your financial situation, you might find it best to start with paying down your debt. This action will allow you to improve your credit score, free up some funds for saving, and hopefully relieve some stress as well. Unless you are fortunate to have a small amount of debt, you will quickly find that paying down your debt is something that takes time. It doesn’t happen right away, and it can even take several years to achieve. For many Americans, it’s a struggle that requires constant commitment. Follow these simple steps for paying down your debt to help you succeed: 1. Evaluate your situation. To really fix your debt problem, you will need to think about how you got into debt in the first place. This will help you to find the habits that you need to change with your spending, and even help you take steps to prevent it from getting worse or happening again. This step should also...
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