Which of the following is not a step in creating a debt payment plan?

A debt payment plan typically starts by deciding the payoff order, finding how much extra money you can put toward debt, and focusing extra payments on one debt while making minimum payments on the others. Consolidating all credit cards onto one card is a separate financial strategy, not a required step in creating the plan. Therefore, the answer is “Consolidate all credit cards onto a single card with a single interest rate.”

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