They will also likely say that there is nothing that you have to pay back and that you do not owe anything from them. They will also stress out that you will just have to follow their advice in eliminating your debt because the banks will not wish that such matter be disclosed to the entire public. The promoters of the debt elimination scams will make matters of debt elimination strategies seem to be useless. It is very common for businesses to be under some disputes in billing, disagreements on the contracts stipulated, and some visible discrepancies with the accounts. These are among the common causes of the downfall of a business firm. Most of the times, these kinds of discrepancies always end up in the court of laws thereby making the business owners pay for handsome attorney s fees and other related court costs. Although the internet has been developed into a highly mobile technology, it still cannot beat a book when you need comprehensive information regarding something. Books are also easily accessible. When you want credit card debt elimination information, you can just go to the local library to access it. Debt elimination calculator is like a software used in computing for the credit card debt consolidation options. With the debt elimination calculator, you and your advisor are able to find out the most reachable monthly savings that you can incur. Amazing, is it not? This becomes attainable through the carefully planned out and intelligent combination of several bills which are compounded into one. If you try to pay off all of your debts at once, what are you going to spend for the future? What most people do today is use all of their money to pay off their past debts and then rely on their credit cards to meet their present needs. This just continues the cycle of debt and cannot truly be called "credit card debt elimination". This means that even though you will be reducing all of your debts, your smallest credit will be eliminated much faster than the others. 4) Repeat the cycle - After you have paid off your smallest debt, use the money you have budgeted for the minimum payments to pay off the next debt on your list. This means that the next debt will be accorded the following amounts: a) The minimum payment for the debt b) The minimum payment for the previous debt c) The extra amount that you can afford As you can see, the budgeted amount for each debt increases as each debt is paid off.