OK, youâve come to terms with it. You have debt. And youâre ready to do something about it.
To pay off all your debt, you have to know how much you owe.
Seriously though, whenâs the last time you looked at all your debts and their interest rates to devise a payoff plan?
Thatâs what I thought.
A really easy way to do this is to get a âcredit report cardâ from Credit Sesame.
Let This Tool Give You an Overview of Your Debt
Credit Sesame is like your favorite teacher from high school â without the pop quizzes.
It gives you a free credit score, plus lays out your credit history so you can see exactly how much money you owe and to whom. It even tells you your monthly payments and interest rate, as well as which debts (if any) are in collections.
And you donât have to stay home to do it. The Credit Sesame app lets you keep track of your credit score and ways to improve it â on the go!
For example, it might recommend a mortgage lender, credit card or debt refinancing, based on your needs and chances of being approved.
James Cooper, a motivational speaker, raised his credit score 277 points using Credit Sesame. Now he talks to high school students about the importance of having good credit and uses what heâs learned through Credit Sesame as a blueprint for his lessons.
âWe want to touch the Z Generation,â Cooper says âWeâre not in the business of fixing credit. We want to get to you before you have to fix your credit.â
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
The Penny Hoarder Promise: We provide accurate, reliable information. Here’s why you can trust us and how we make money.
Here’s a Quick Way to Find out Exactly How Much Debt Is in Your Name