The promoters of the debt elimination scams will make matters of debt elimination strategies seem to be useless. They will always feed on your being weak because of the pressure heaped by your ordeals with regards to your debts. So the real thing is if ever you are in debt, you may be daydreaming about the most possible way of ridding yourself of your existing debts. So what are the things you should know about debt elimination companies? 1) There are fake ones - As in every type of business, debt elimination companies also have counterfeits. While a real debt elimination company will help you get rid of your liabilities, fake ones will give you nothing but headaches. The goal of this method of debt elimination and reduction is to eliminate your debts in a way that resembles what happens to a snowball. This means that it aims to help you start from paying off your small debts slowly, and working your way up to the big debts with increasing speed. How is this done? This means that you need to make a debt elimination strategy that will eliminate your liabilities in the shortest time possible. Also, once you have a plan of action in mind, you must hasten to implement it. 3) Save on cash - Even if you have stopped using credit cards, you should still watch your expenses. A person who needs credit card debt elimination information can carry a book around and have access to that information immediately. Although the internet has been developed into a highly mobile technology, it still cannot beat a book when you need comprehensive information regarding something. Books are also easily accessible. This type of business debt elimination is much sought-after by different companies. Most often, this will happen if the company does not rely on credit for its normal operation. When a company pays cash for all of the raw materials used in production, the company will have no debts to pay off. However, this means that the company should have a huge starting capital.