Erase Your Debt Launched to Aid and Educate Consumers

CHICAGO - Jan. 12, 2014 - PRLog -- Debt is a four letter word no one wants to hear, but it’s a condition that millions of people find themselves in every day. To assist individuals who want to learn tips for living a debt free life, MiShaun Taylor launched Erase Your Debt. The site provides individuals with tips, information and advice for getting out of debt and staying that way.

“The ways people can get into debt are legion,” said Taylor. “It may be the result of a layoff, divorce or simply trying to aid a friend or family member. It could be the overutilization of credit cards or a lack of budgeting skills.”

Erase Your Debt provides visitors with sound strategies for eliminating their debt and techniques to remain debt free with a comprehensive array of articles from some of the most well-known names in the credit industry. Readers will discover the top ways to eliminate debt, learn credit repair techniques, and explore software for budgeting and fixing credit reports.

Taylor provides visitors with insight on debt relief agencies and plans, creating a budget and ways to pay down debt that maximizes every dollar. Most people don’t realize just how much money they really owe until they begin having problems making even minimum payments on credit cards or they don’t have the funds to pay monthly expenses.

One of the first actions individuals should take who find themselves overridden with debt is to obtain a copy of their credit report from all three credit reporting agencies – Experian, TransUnion and Equifax. The businesses don’t share information and each can have wildly varying information. The reports should be checked for incorrect and incomplete data, from name spellings and Social Security numbers to accounts and the amounts that are owed.

A credit report won’t include a credit score, but individuals should be aware that credit reports are used to determine everything from the rates people pay for their vehicle insurance to whether a bank will allow them to open a checking account. Erase Your Debt explains in detail the steps consumers can take to begin their journey toward monetary solvency.

Erase Your Debt maintains an extensive database of tips and information about creating a budget and the ideal debt to income ratio, along with software programs and apps to make tasks easier. A good credit rating is one of the most important assets an individual can maintain. Debt can ruin a financial reputation and Erase your Debt is a one-stop resource for debt education.

For more information, visit the website at http://eraseyourdebts.net.