Are debt management programs worth it for credit card debt? It's only one credit card and we have about $5000 we owe.

No. No

Run, don’t walk away.

You need to budget and use every extra dollar after paying your basic living expenses to wipe out your debt. Start today by cutting up the card. Yes, take a scissors and cut it into pretty little pieces. Then toss them in the air like confetti because you should be celebrating the fact that you are making the decision to stop using debt and taking control of your finances.

Then run out to the nearest library or book store and get yourself a copy of Total Money Makeover and do what it says. Follow it step by step and you could have a very different looking financial situation before next Christmas.

Good luck!

Hi, have you considered any debt counseling agencies yet? It can be very useful. You see, credit and debt counseling works as a debt consolidation tool. Because your debts are combined into a single monthly payment, it simplifies the process of paying off your debts. I would recommend this credit relief services https://debtquest.com/services/credit-card-debt/ and their programs as the most reliable ones. Hope it can help