There’s no worse feeling than being bogged down by debt with no plan of how to escape from the financial nightmare. Getting into debt is so easy, yet climbing back out is no easy feat. But, by taking the time to look at your debt in a big picture view and having a plan of attack, you can slowly but surely pay off your debt.
But which debt repayment plan is the best option to use? While there’s no wrong or right way to pay down your debt, there are some methods that may be more advantageous than others.