Getting out of debt can be a task that takes months, if not years, for some people. It's also a topic that's more important than ever: Consumer debt in the U.S. just topped $16 trillion for the first time ever thanks to skyrocketing inflation, including a $100 billion, 13% increase in credit card debt over the last year — the largest percentage increase in 20 years. With such statistics in mind, personal finance and money experts from across the country provide their top tactics for getting out of debt and staying out.
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