Tackling debt...how do you to start?

I have about $5,000 in various debts...not including student loans because I am still in school.

So how do I start handling it? Should I pay a little bit on each debt at a time...or do I go after the largest account owed first? So far I have chose the largest debt I have (a credit card which I was offered a settelment of $1,000 on compared to $3,500!) and am paying $100 monthly. But after that and all my other bills I don%26#039;t have anything to send to other accounts in collections.

Do you know a better method?

Tackling debt...how do you to start?credit rating

Make a list of all your bills. On that list put the balance minimum payment and due dates. then take the bill that you owe less on and put all extra money toward that bill while making minimum payments on the rest. Pretty soon it will be paid off then you go to the next one. My husband and I was in debt for 10,000 dollars this is the method i used instead of going bankrupt, and it helped. in a year i knocked half out.

Tackling debt...how do you to start? loan

you could put your debts in order from lowest to highest amount. pay the minimums on all of them except the lowest, pay as much as you can to eliminate it. then you take what you were paying on that one and add it to the amount you%26#039;re paying on the next highest debt. do this over and over and you%26#039;ll be done sooner than you think|||Usually a good rule of thumb as far as paying of debt etc, is to pay off the one with the highest interest rates first. Obviously you still want to continue to pay the minimum payments on all your other bills but if/when you have extra paying the bills with the highest interest rate is the best thing to do. Because it%26#039;s going to be the loan that costs you the most amount of money per dollar.|||the first place to start dealing with you debt from here is to stop spending on the card%26#039;s or other accounts you have . this is where you can strat from simple but most keep spending and the debt keeps going up|||Your first steps is getting a snapshot of your current financial profile.

Take a look here: http://www.usaindebt.com/2007/10/02/gett...