| What is the cascading debt elimination system? It is a | | | | apply to the next card. This snowball effect is why it is |
| system that will help you get rid of your credit debt | | | | referred to as "cascading". Keep applying this system |
| faster than you thought possible while at the same | | | | to each card you have and you will be amazed at |
| time saving you so much money in interest payments. | | | | how much faster your outstanding credit debt will |
| The good news is, you can apply this system to your | | | | disappear! |
| outstanding debt yourself without relying on a | | | | What is your next step? You need to order your |
| company to help you. How? | | | | credit report to find out what your credit score is. |
| It works like this. Figure out which of your credit cards | | | | Check and see if there is any incorrect information. |
| has the lowest balance to pay off. Once you do this, | | | | You would be completely surprised at how many |
| dedicate to paying extra on this card every month. If | | | | mistakes the credit reporting firms can make, and you |
| you have to give up something like your morning lattes | | | | need to correct this false information as soon as |
| to pull this, then just do it. This will pay the card off | | | | possible so that you can start raising your credit score. |
| quickly because you will be paying more than the | | | | There are two parts to using the cascading debt |
| minimum. | | | | elimination system: getting rid of your outstanding debt |
| Once this card is done being paid off, take the total | | | | and raising your credit score. Make sure you focus on |
| amount that you were paying towards that card and | | | | both! |