3 steps to reduce the cost of your debt
Does the thought of settling your debts make you want to go back to bed? More than one in five Americans (22%) are likely to put off creating a debt repayment plan, according to a June 2022 NerdWallet survey conducted online by The Harris Poll.
That’s a lot of procrastination, and it’s no wonder why. Dealing with your debt isn’t exactly a fun way to spend an hour. Still, there are steps you can take that will make deleveraging more accessible. And there are ways to reduce interest payments, which will save you money while you work to pay down your balance.