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Cure the debt hangover, shed credit card debt in '08
By Emily Starbuck Gerson
During the holidays, you showered your loved ones with gifts, whether you could afford it or not. You would have felt guilty if you couldn’t give them what they wanted.That’s what a credit card is for, right? Unfortunately, now that the holidays are over and the bills are arriving, your new year may be off to a rough start. According to Consumer Reports, only 65 percent of credit card users predict they will have holiday debt paid off by the end of January. Nineteen percent expect to still be paying off holiday debt in March or later. These sets of articles will help you understand why you keep finding yourself in holiday debt, how to get out of this mess and how to prevent it from happening again next year:
Credit card debt consolidation options
Credit card debt can put a drag on your personal finances and limit your options. If you have major credit card debt, now might be the time to consider your credit card debt consolidation options.
Balance transfer can lessen post-holiday blues
Finding yourself buried in credit card bills after the holidays isn’t the best way to start the new year, but a balance transfer to a low-interest card can make the pay off a lot less painful.
Minimum payments are not your friends
While dutifully sending in your minimum payment will keep the debt collectors at bay, paying only the minimum will greatly prolong your debt.
Steps for getting rid of debt now
Post-holiday debt: What's the real cost?
Pressure to buy your loved ones everything they want for the holidays is high, but the feeling when you get the bills arrive is pretty low. Follow this expert advice and you’ll be debt-free in no time.
Managing and getting rid of debt
If you are struggling with debt, it’s important to analyze your situation and map out a plan. Use these steps to dig yourself out of the hole.
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Print 
Email 
That’s what a credit card is for, right? Unfortunately, now that the holidays are over and the bills are arriving, your new year may be off to a rough start. According to Consumer Reports, only 65 percent of credit card users predict they will have holiday debt paid off by the end of January. Nineteen percent expect to still be paying off holiday debt in March or later. These sets of articles will help you understand why you keep finding yourself in holiday debt, how to get out of this mess and how to prevent it from happening again next year:
