You followed a link to an older Defeating the Debt page. The site has been rebuilt as an
independent, plain-English resource for getting out of debt: how to build a payoff
plan, how the relief options really compare, and how to avoid the companies that
prey on people in a tight spot. Everything useful now lives in the guides below.
Note: Defeating the Debt is an educational resource only. It is not financial, legal, or tax
advice, and it does not sell debt relief. For your specific situation, consider a
qualified professional or a nonprofit credit counselor.
The most reliable way to get out of debt is to list every balance with its rate and minimum, make every minimum on time, then throw all spare money at one target debt while you hold the rest steady. Most people choose the avalanche (highest rate first, lowest total cost) or the snowball (smallest balance first, fastest wins).
Defeating the Debt is an independent educational resource. The content here is for general information only and is not financial, legal, or tax advice. Every situation is different, so before acting on anything you read here, consider speaking with a qualified professional or a nonprofit credit counselor (you can find one through the National Foundation for Credit Counseling or the U.S. Department of Justice list of approved counseling agencies). We do not sell debt relief, and we are not paid to recommend any specific company.