There is no doubt that more and more people are finding themselves saddled with higher and higher levels of personal debt. A quick perusal of the news will reveal that personal debt levels are higher than ever, while personal savings rates hover near their all time low. With these kinds of statistics it is no wonder that so many people are finding themselves in need of help with debt consolidation and debt elimination.

High levels of debt cause all kinds of problems, not all of them financial. Problems with money top all other causes of divorce, topping adultery, and problems with the children. In addition, money problems are a great source of stress and sleepless nights. When reducing debt levels, it is important to create a plan, and to follow it closely.

Step 1