money in their hands

Many individuals who make a commitment to get out of debtwant to do so without harming their credit in the process. This isn’t impossible, but having a general idea of how credit scores are calculated can help. The following are three simple tips to eliminate debt without hurting credit.

1 – Continue to make payments on all debts: The best thing you can do for your credit is to make payments on time. When you’re trying to eliminate debt, it can be tempting to concentrate on one debt at a time and let the others fall to the wayside. To avoid hurting your credit, however, you need to make at least the minimum payment on all debts in addition to applying extra payments to one debt (often the one with the highest interest rate).