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Digging yourself out of debt will undoubtedly serve as one of the most difficult financial hurdles you will overcome. Of course, once you find your way back out of it, it would make sense for you to avoid getting back into it at all costs. To this end, you can take steps to improve your financial health and work toward keeping yourself out of credit card debt. Avoid borrowing money you cannot repay The Balance discusses ways that you can avoid credit card debt in

For many Americans, money seems to be in short supply nowadays. Because most cannot afford to pay for even a $1,000 emergency, turning to credit cards is often the only option. If you have too much debt, though, you may worsen your financial situation considerably. How much debt is too much varies from person to person. Still, calculating your debt-to-income ratio is a good way to know whether you have accumulated a potentially problematic amount of consumer debt. What is your debt-to-income ratio? Your debt-to-income

If you are dealing with a debt collector, you likely have a number of hardships to work through. Aside from struggling with intense levels of anxiety and uncertainty, some people face hardships because debt collectors violate their legal rights. If you have experienced unlawful debt collector harassment, it is pivotal to understand your options and stand up for yourself. However, there are many factors to take into consideration when it comes to addressing illegal debt collector harassment. Filing suit against a debt collector If a

Many Americans deal with the stress that often comes with large amounts of debt and, in some cases, acquiring too much credit card debt, in particular, may make it difficult for individuals to secure loans for homes or vehicles because of how debt impacts their credit score. CNBC News notes that most people need a good to excellent credit score to use tools like balance transfer cards to help manage their credit card debt, but before they do, they may want to learn about why

As a recent graduate, you are likely trying to manage your money and debt as you leave your college days behind and go into your new career. When you plan your budget including your new income and expenses, you will need to account for any credit card debt you carry.  No matter the reason you accumulated credit card debt during college, it is imperative that you make a plan to tackle that debt post-grad through repayment or filing for bankruptcy.  1. Review your credit card debt Although this