If you’re considering debt consolidation as a path out of your current budget dilemma, chances are your credit already is bruised. Nonetheless, you can reduce credit card debt, even achieve debt-free nirvana, without ruining your credit long term.
Reduce Credit Card Debt Without Ruining Credit
If you’re not in big trouble, getting on top of your debt may be as simple as re-evaluating and rejiggering your budget. (You do have a budget, don’t you?)
Make a journal of your monthly and other periodic expenses. Be honest. Include every penny you earn, and every penny you spend. There are wonderful budget apps to help you achieve this first step, many of them free.