Not all debt can be considered bad. In fact, sometimes it’s necessary. Debt may allow you to buy a car, a home or a big-ticket item you might want or need. You may even incur debt to cover medical costs.

But for people facing massive high-interest student loan or credit card debt, it can be increasingly difficult to make ends meet, let alone save for contingencies or retirement. If you are in this situation, you are not alone: Looking at personal loans alone, the American populace owe a collective $125.4 billion as at mid-2018, according to a study on personal loans by Lendingtree.

So if you are feeling overwhelmed by debt, we totally get it. Hold your peace, and use these five tactics to start slaying it.

Repay your debt with these 5 strategies


Read more:http://loancash365.com/2019/07/15/5-smart-ways-to-escape-your-debt-right-now/