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!

• Flashback: Pay down debt before you save a lot K's Financial Progress hosted the 4th Carnival of Debt Reduction.  The top article on that carnival was written by Jim over at Blueprint for Financial Prosperity: Don't save, pay off debt! His argument is a good one.  If you have a lot of credit card debt or loans to pay......
• Prime Time Money has posted Carnival #140 Prime Time Money posted a circus day Carnival of Debt Reduction for this week! He had quite a few Editor's Picks: Free From Broke doesn't think credit card debt should weigh you down. My Two Dollars serves up ten quick and easy ways to reduce your debt. The Happy Rock......

• Guest Post: Do-It-Yourself Debt Reduction v. Professional Debt Reduction One of the businesses that is booming right now is that of "credit counseling." These are professionals who help you with debt reduction through such means as debt consolidation and debt negotiation. The idea is that you can have someone else take all of your debts for you, and roll......
• Any debt reduction method is good Say you're up to your eyeballs in consumer debt.  You realize this, and head to to your local library to check out the personal finance section, looking for a way out.  Upon reaching the personal finance section, you are faced not with a maze of twisty little passages, all alike,......