Debt Management

First, don’t feel like you’re alone. Seventy One percent of consumers say debt makes their home life unhappy.

Second, do your homework. Debt Management is a tricky topic, and an area in which the various state and local governments are spending a lot of time and money cracking down on scams. These scams often involve companies that charge you up-front to solve your debt problems. Often, they just put you further in debt. In other words, BE CAUTIOUS about paying someone over the Internet for help solving your current debt problems.

To help you with your homework, TheCreditProtector.com has compiled a list of articles on debt management. These articles come from some of the most respected personal finance magazines in the world.

And, to help you decide where to start, we’ve also rated the articles according to TheCreditProtector.com five star rating scale.

Do You Have Too Much Debt? - Click Here By: SmartMoney.com Rating:   5/5 stars Summary: This article is fantastic. Calculators compare you to your peer groups and to the Fed’s recommended debt load. Read this article, then the one above to figure out how to cope.

Credit Fixes That Can Fix You - Click Here By: SmartMoney.com Rating:   5/5 stars Summary: This is a one-stop shop for debt management information. The article discusses all the latest scams that are targeted at people in debt. READ THIS BEFORE HIRING ANYONE TO HELP YOU.

FTC Consumer Credit Site - Click Here By: Federal Trade Commission Rating:   5/5 stars Summary: Well, it would be hard to find a site more comprehensive than this. That’s why we listed the main directory page, instead of each article. If this is the kind of stuff our tax dollars are paying for, then that’s ok by us.

Digging Out of Debt - Click Here By: SmartMoney.com Rating:   4/5 stars Summary: This article does a great job educating readers about warning signs, contributing factors and some really, really basic strategies to start reducing the debt load.

Should You Consolidate Your Loans? - Click Here By: SmartMoney.com Rating:   3.5/5 stars Summary: This article discusses debt consolidation and loan types available to those interested in debt consolidation. If you’re paying high rates, you’ll want to read this article.

Debt Evaluation Calculator - Click Here By: MSN.com Rating:   3/5 stars Summary: Just the basics here. A simple to use calculator to help you figure out how much you spend each month on debt and whether the ratio is too high or acceptable.