Four ways to clear your debts

Credit cards and loans can be a slippery slope to financial ruin - but there are ways to save yourself, says Ruth Jackson

Sterling notes and credit cards
(Image credit: Shaun Curry/AFP/Getty Images)

Stop paying interest

The first step to getting rid of your debts is to stop them growing. Interest charges can rapidly turn manageable borrowing into a monster debt. But, surprisingly, you don’t need to pay for your debt in most instances.

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