If you want a simple solution to get out of debt then there are many to choose from. The only   thing you need to decide when it comes to utilizing one of these simple solutions is if you want to keep your credit score where it’s at or can it take a small hit for a month or two. The reason you need to know this is because this journey will test you and your credit score while making both stronger.

The first thing you need to do to get out of debt is get rid of any credit cards you have. The only thing you’ll need is a prepaid credit card. Prepaid credit cards can be found almost anywhere , but I would recommend using a bank that you hold an account with to receive a prepaid credit card. This is your first giant step to success because if you have actual credit cards it makes it 45% tougher to finish this process.

The following thing you need to do is receive a debt settlement. Here is why I asked you about your credit because with a debt settlement your Fico score will go backwards a little bit because even though you will have the balance paid off it will say not paid as agreed. Still I suggest doing a debt settlement because it’ll save time and cash .

The last thing you need to do is a debt consolidation. A debt consolidation is great here because you can take all your balances and put them together on a single account, which will make paying them off much easier . The whole reason to do a debt settlement and debt consolidation is just to make your life and this process faster and easier . If you do not feel that these two techniques are best suited for you then don’t do them and try to find a better way. I can assure you there is no better way though.