Tough Love: No Excuse Strategies for Getting Out of Debt and Improving Credit
Join our weekly #CreditChat on Periscope, YouTube Live, Twitter, and Snapchat every Wednesday at 3 p.m. ET. This week, we discussed ways to change our mentality toward debt and credit to help us achieve our goals. The panel included: Jacquette Timmons: Financial Behaviorist and author of Financial Intimacy; Shannon McNay: Writer for Student Loan Hero; Rod Griffin: Director of Public Education at Experian and Mike Delgado: Director of Social Media at Experian.
We’re also featuring financial tips all week on Snapchat.
Questions We Discussed:
Q1: What common excuses keep from getting out of debt and improving their credit?
Q2: Is it possible to live a life without debt? If so, how?
Q3: How does debt affect your credit score?
Q4: Are debt and credit the same thing?
Q5: What are practical steps to take to get out of debt?
Q6: What should someone do if they are lacking the income that would enable them to escape their debt?
Q7: What should someone do if they are lacking the financial literacy to enable them to get out of debt?
Q8: How can someone who has escaped debt, stop from going back into debt?
Q9: What should someone do if they feel completely out of control with their spending and debt?
Q10: Any final tips for someone trying to escape debt?
View the Complete Discussion on Storify:
If you’ve never heard about #CreditChat, here is a brief overview: