Thanks to Prime Time Money for hosting this week’s Carnival of Debt Reduction!  His topic is the new credit card rules just passed by Congress.  Here are his picks for this week:

• Christian Debt Help talks about a debt reduction strategy.
• My Wealth Builder says bye-bye to the mortgage!
• The Digerati Life tells how to avoid bankruptcy.

Enjoy!

• Welcome to this week's Carnival Here are this week's debt reduction posts for your reading pleasure (personal debt reduction story at the top!): Personal Finance Journey cut the cable and applied the savings to Operation Destroy Debt. Debt-Tips.com discusses the pros and cons of debt settlement. Free Money Finance calls the mortgage interest tax deduction......
• Flashback: Work your debt reduction plan Waaaaaay back in Carnival of Debt Reduction #1, No Credit Needed was still in debt. His post for the premiere installment outlined his debt reduction strategies. His strategies were pretty simple: Collect your debt information and list the balances, annual percentage rates (APRs), and minimum payments. Go through your budget......

• An unfortunate reality of hosting a blog carnival The larger benefit goes to the people who submit to the carnivals rather than to the people who put forth all of the effort to host them. A number of bloggers I respect have figured this out already, and they're fairly reluctant to host a carnival anymore. They understand the......
• Eliminate Credit Card Debt - 47 Ways To Save Money and Get The Cash You need to Get Rid of Your Credit Card Debt Credit card debt is a major stressor for many consumers. To get out of that debt you either need to make more cash (and actually use the extra money to pay off the debt) or you need to cut your expenses. I think it is actually easier to cut expenses,......