Chapter 3. Zeroing In on Your Debt

IN THIS CHAPTER:

  • Quickly cut your debt

  • Know your rights with debt

  • Improve your credit score

On the path to a great financial life, it’s easy to get sidetracked by debt. This chapter gives you strategies to improve your creditworthiness and cut your debt.

The first part of the chapter focuses on ways to pay off those darn credit cards and other loans. The last part tackles the credit score that lenders use to measure your credit risk.

Your credit score is a statistic that is considered by an increasing array of financial service providers when they issue you credit. Your credit score also could have a dramatic impact on the price you pay for credit.

In this chapter, we give you the straight scoop on dealing with debt, ...

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