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Credit card debt happens. Now what?
Rounding it up
So you have some credit card debt and want to teach yourself how to get out of it. First, build up a cushion of cash to avoid putting any more charges on those credit cards.
Also check whether you can use low-interest debt to pay off some of your high-interest debt.
Then, pick a method to start tackling your debt. You can pay off the smaller debts first, or go in order of highest to lowest interest rate.
If you’re feeling really stuck, you can look into a consumer proposal or work with a nonprofit credit counselling agency. Remember, you have options!
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