A troubling statistic stated that an average home will hold about 8,000 worth in credit debt; this doesn't change the fact that there are several people who have risen above the challenge and have gotten rid of their debt. Reducing or eliminating credit problems altogether doesn't happen in one day, with proper guidance and responsible repayment you can become debt free in a matter of a few years.
The best credit solution for someone who is considering debt reduction is to be prepared by establishing a solid debt diminution plan off the bat. The first step is to collect all records of outstanding debt, unpaid bills and consolidate everything into one amount. People can simply lower the amount of debt they owe normally by changing their lifestyle and cutting out miscellaneous and luxury purchases altogether. For the rest of us you need to keep a record of the monthly liquidation from expense, to income and determine how much can be salvaged after paying off standard cost of living allotment.
The next step is the most difficult for a lot of people because it requires an immense discipline to shift all disposable income towards paying off outstanding balances attributed to debt. Applying for a debt consolidation refinancing is also another way to relieve remaining debt and enter a financial arrangement with more manageable interest rates and flexible payment terms. It doesn't provide an instant solution to your financial situation but it does give you enough flexibility to reestablish a good payment history and in return increase your credit standing significantly.
Remember that the most important element in gaining financial freedom is not the credit solution itself but the willingness of a person to see the plans through. Being responsible in making payments and keeping tabs on payment history will greatly assist in ridding you of debt and gaining financial independence.