October 30th is National Get Out of Debt Day. How are you doing at getting rid of your debt, if you have any at all? Is your level of debt increasing, or is it decreasing? I have been slowly paying down my debt over the past few years. I am debt-free when it comes to credit cards and credit-lines, but I still have a secured auto loan which I need to pay off and a few student loans which I’ll start repayment on in about two years. I hope that you are all doing as well, if not better than I am, at taking care of your debts.
For those who might be struggling with debt, whether it be from a mortgage or credit cards there is help out there. While making the rounds today at the different financial portals (yahoo finance, cnn, msn, etc) I noticed that MSN sponsors a credit counselor message board. They also have a short article posted on how to contact credit counselors, and what services they can typically offer. That article can be viewed by clicking here.
If you have any success stories for getting out of debt or at least overcoming significant amounts of debt then I’d love to hear them. Please send me an e-mail or just post a comment with your story!