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Monday, July 17, 2006

Are You Fat With Debt?

I'm not a huge Oprah fan, but in recent reruns (I said I wasn't a huge fan) she has really been pushing her Debt Diet, in an attempt to help people in debt break free.

The website for the Debt Diet program features a number of tips on how to treat the credit card debt hemorrhage. A significant number of tips are based on the idea that merely asking creditors for a break can yield huge results, including lowered interest rates and waived late or annual fees.

If you're unsure about how to approach this subject with a credit card representative, here's a handy sample script you can use, courtesy of Jean Chatzky, financial editor for the Today show.

1 Comments:

  • Evan, I like this blog! Definitely an original idea. Not just someone rambling on and on about their life. Keep up the good work!

    By Anonymous Anonymous, at 4:29 PM  

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