Debt And Consolidation

Rick B says:

You don’t need anyone to do it for you. All they do is negotiate your debts for you and collect a fee. You can do it yourself!

Call all of them and work out a payment plan and try to get your interest lowered or stopped.

Then, make the minimum payments on every one of them. On the lowest dollar value, put all your extra effort toward paying it off. Once it is paid off, then roll that extra money to the next largest balance. Continue this snowball until all your debts are paid off.

You proabbly need to cut your expenses back to the bare minimum. Get rid of cable, cell phones, internet, etc. Lower your electric bill, gas bill, water bill, etc. Don’t eat at a restaurant until your debts are under control.

Try to increase your income by getting a second job. If you have a car with payments, get rid of it, and buy a good dependable used car for CASH.

Go to the library and get "The Total Money Makeover". Read it and follwo it carefully.

Go check out Dave’s website as well.

http://www.daveramsey.com

chocolatemartinigal says:

I went with InCharge Debt Solutions. I was only about $2000 in debt which is not a lot but I could not keep up with even minimum payments. I am paying $180 a month and it will take me awhile but I rather do it this way because it works best for me-and I can pay off early when my money situation gets better. It’s eay for someone to say to cut back, get rid of your car,etc. but we all live in the real world and even when you cut back, it stil is expensive to live and jobs don’t pay enough to support the cost of living.Do what works best for you and don’t let anyone influence you-they are not paying your bills: you are!