Definition of «to get one's debt under control»

The phrase "to get one's debt under control" means to take steps towards reducing and managing one's outstanding debts. This can involve paying off credit cards, negotiating with lenders for better repayment terms or consolidation loans, and creating a budget to limit spending and increase savings. The goal is to have a manageable amount of debt that does not cause financial stress or hinder future plans such as buying a home or saving for retirement.

Sentences with «to get one's debt under control»

  • Consolidation loans are an option that many consumers have been interested in, and they're a great way to help get debt under control. (consolidate.loan)
  • One really needs to try and get their debt under control before stepping foot in one of these pay day centers. (moneywehave.com)
  • The first step in getting your debt under control is understanding the warning signs that you may be over using credit as a way to balance your budgetary needs. (hoyes.com)
  • (see all sentences)
a b c d e f g h i j k l m n o p q r s t u v w x y z