If you do not have access to an updated book containing credit card debt elimination information, you may end up making use of a debt elimination plan that's already quite impractical. You might end up wasting a lot of effort for nothing. 2) Internet - The internet is the largest collection of information today. More so, loss of revenue, waste of time, and some great levels of stress are all heaped on the business owners. The question now is is there any other better way of settling these problems aside from taking the case to the court of laws? Analysts have long uncovered the fact of debt elimination arbitration. This means that even though you will be reducing all of your debts, your smallest credit will be eliminated much faster than the others. 4) Repeat the cycle - After you have paid off your smallest debt, use the money you have budgeted for the minimum payments to pay off the next debt on your list. This means that the next debt will be accorded the following amounts: a) The minimum payment for the debt b) The minimum payment for the previous debt c) The extra amount that you can afford As you can see, the budgeted amount for each debt increases as each debt is paid off. Here are some tips for you: 1) Be patient - When you are trying a credit card debt elimination plan, you need to wait a while to see results. Although some people maybe able to eliminate their debts in a single payment, others may have to wait a while. In credit card debt elimination, you need to understand that completely paying off your debts may take time. Just look at the monthly billing statement that comes to you and take a look at how careless you are in spending. You will avoid risking the occurrence of debt when you follow this step. Pay your dues. It is very simple to say that you will use your credit card. But then how about paying for your dues? Yes, credit cards can provide you with the needed cash especially when it is for an emergency but didn t you know that with your every swipe comes another set of debts? The convenience is of course given to you by the credit card you have in your wallet. Why not? You need not bring paper bills and coins when you shop or dine out.