About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

3 Comments

  • This is terrible advice! Debt is evil and will eat you alive. Paying the minimum is exactly what the credit card companies want you to do so that you can be under their thumb for the next 15 years! For wise counsel see Dave Ramsey and listen to his radio and TV show!

  • great advice! sometimes you just need to know your priorities in order to set your money matters in the right track. No one goes from “in-debt” to “out-of-debt” overnight. It takes times which is why we should know which is more important, food or settling all your credit card payments

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