Financial advisors also recommend creating a "fun fund" to save for special treats, such as vacations, big-ticket purchases and entertainment in order to avoid just charging something on impulse and getting stuck into the payback rut.
Many credit card companies are willing to negotiate payback terms if you are unable to make your payments as originally agreed when you opened the account.
This won't remove debt completely, but you may be able to negotiate better interest and payback terms with a relative.
The payback can be tremendous, however, since a higher credit score can save you quite a bit of money in the long run.
You may spend as little as 10,000 dollars to install the system and the payback time is as fast as two years.