Beating post-holiday debt

February can be a tough time for anyone, let alone consultants. Holiday fun has ended. Everyone’s back to work. And the bills are rolling in. Many people take advantage of January debt holidays from their credit card companies, only to scramble to come up with the money in February.

In the past, I’ve discussed how to use consulting to get out of debt. I’ve mentioned the best ways to pay down debt.

But, if you’re at the end of your rope, give your credit card company a call. Ask if they can do anything to reduce your interest rate or your monthly minimum. Creditors would often rather get paid than have you declare bankruptcy. Besides, you have nothing to lose by calling.

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