Got debt? Try Suze Orman

We get a lot of searches for “getting out of debt”. There’s no shortcut to simply paying off your debts, but there are different ways of going about it, and some strategies will benefit you more than others. We think Suze Orman makes a lot of sense, and here’s how you can get personalized debt counseling based on her ideas.

MyFiCO offers a standard service which gets you credit reports from all the three of the reporting agencies (TransUnion, Experian, and Equifax) and tells you how lenders will view you based on these reports.

Bump this up to the Suze Orman’s FICO® Kit Platinum

…and suddenly you have a complete strategy for getting out of debt and improving your credit score, which enables you to get better interest rates and consolidation offers so you can get out of debt faster. You get the same three credit reports as regular MyFiCO users, plus:

• Debt Eliminator: personalized analysis of your debt and financial goals, which helps you determine if you could pay less interest, and gives you tips on how to make that happen.
• Error Protection: Mistakes on your credit report are highlighted, and you’re given the tools you need to get them corrected.
• Bill Reminders: if you’re stressed, it’s easier than usual to forget to pay bills on time. Avoid late fees and overbalance fees with this service.
• Online Home and Car Loan Coaching: these are the two biggest expenses for most of us. See what interest rate you deserve so that when you’re negotiating a loan, you don’t get stuck with higher interest than you should have to pay.
• The FiCO Simulator: see how your score is likely to change as you pay off your debts, pay bills on time for several months, miss a payment, get a new credit card, etc. This helps drive home the importance of following the right strategy to get your credit rating up so you have even more options for paying off your debts - and not getting back into debt. This is an excellent tool if you have a spouse who doesn’t quite get the importance of good credit and the work it takes to get out of debt.
• The Info Vault: store your information securely online so you can access it anytime.