Paying Down Debt: The Right and Wrong Ways to Do It

The Federal Reserve recently announced that consumer debt dropped by 2.4 percent in the first quarter of this year, the seventh straight quarterly decline. With the amount of consumer debt shrinking, many home buyers are revisiting their credit scores, and trying to find ways to boost them. A score of 740 or above is considered optimal, while scores below 680 will cost you more in interest in fees, and could even put you in danger