Here’s a Quick Way to Find out Exactly How Much Debt Is in Your Name

OK, you’ve come to terms with it. You have debt. And you’re ready to do something about it.

To pay off all your debt, you have to know how much you owe.

Um, duh?

Seriously though, when’s the last time you looked at all your debts and their interest rates to devise a payoff plan?

That’s what I thought.

A really easy way to do this is to get a “credit report card” from Credit Sesame.

Let This Tool Give You an Overview of Your Debt

Credit Sesame is like your favorite teacher from high school — without the pop quizzes.

It gives you a free credit score, plus lays out your credit history so you can see exactly how much money you owe and to whom. It even tells you your monthly payments and interest rate, as well as which debts (if any) are in collections.

And you don’t have to stay home to do it. The Credit Sesame app lets you keep track of your credit score and ways to improve it — on the go!

For example, it might recommend a mortgage lender, credit card or debt refinancing, based on your needs and chances of being approved.

James Cooper, a motivational speaker, raised his credit score 277 points using Credit Sesame. Now he talks to high school students about the importance of having good credit and uses what he’s learned through Credit Sesame as a blueprint for his lessons.

“We want to touch the Z Generation,” Cooper says “We’re not in the business of fixing credit. We want to get to you before you have to fix your credit.”

Like Cooper, 60% of Credit Sesame members see an increase in their credit score; 50% see at least a 10-point increase, and 20% see at least a 50-point increase after 180 days.

Credit Sesame does not guarantee any of these results, and some may even see a decrease in their credit score. Any score improvement is the result of many factors, including paying bills on time, keeping credit balances low, avoiding unnecessary inquiries, appropriate financial planning and developing better credit habits.