The incessant ringing of your phone and unmarked envelopes piling up are enough to make anyone want to avoid facing their debt issues. Unfortunately if you have gotten to the point where debt collectors are calling or making the postal worker dread delivering your mail then it is time you stop avoiding the problem and seek a solution. Debt settlement is a legal method of reducing debt that should be considered only by those who are unable to pay their debt in any other way. This is not a method of reducing your interest rate or showing the creditors you don't like the way they have been treating you. It is a serious process with serious consequences to consider before moving forward. Here are three ways you can settle your credit card debt and get on with your life free of your financial burdens.

Credit card companies are in business to make a profit. In doing so they rarely use tactical moves that benefit the consumer instead they use savvy as well as misleading marketing techniques to entice consumers into thinking they are getting a good deal.

When you have an established budget and manage to spend less than you earn, there is a method of debt reduction you can try using to work towards living a debt free life. By making multiple payments in a single month on your accounts, you can avoid compiling interest rates and missed payments.

Most consumers know the importance of having a good credit score. Once used primarily by lenders to determine credit risk your credit score is now viewed by insurance companies, landlords and potential employers. If you have a low score you not only reduce your chances of obtaining credit but also send a message to others who see your score.