What does one mean by debt reduction? Would you call transfer of weight from your face to your stomach as weight reduction? Would you call the reduction of a few grams in a day once in a week as weight reduction? Then how can you call a balance transferred from one credit card to another as debt reduction? How can you describe consolidation of multiple debts as a process that will lead to reduction of debt? It is very easy to fall prey to the numerous definitions of debt reduction present in the market today. Most remedies offer ways to save money that is yet to be spent. Avoiding expenditure may qualify as money saved. However, will it qualify as debt reduced? The fact that most of…

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Debt Reduction – How to Elimination 60% of Your Unsecured Debt

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