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  #1  
Old 05-11-2009, 06:53 AM
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Default What To Do To Reduce The Debt ?

Hello All Member,

What To Do To Reduce The Debt ?
Please share your opinion here !

Thanks in Advance.
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  #2  
Old 05-12-2009, 01:46 PM
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Try to pay a little extra on the principal each month and cut back on unnecessary spending.
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  #3  
Old 05-18-2009, 10:46 AM
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try the cccs.co.uk its free and non commercial
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  #4  
Old 05-19-2009, 04:50 PM
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Make a spending budget. Look for anything you can live without.

If you have high interest loans pay these off first with anything left after you pay your mortgage, TV licence and council tax.

If you can switch your credit cards to 0% interest this might help if you have alot of debt on your cards
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Old 07-06-2010, 07:32 PM
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Card accounts and cut you off, but it seems like with lots of debt, you should be that long ago. Credit counselors or less likely to get your interest then cut out completely in a reasonable amount of time you can pay off the can.
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  #6  
Old 09-11-2010, 09:59 AM
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Some consumers prefer to list their debts by the order of the interest rate paying the highest interest rate card first. This will usually shave a couple of months off of your debt repayment and save some money in interest. However, many consumers feel a rush when they pay off a credit card, which is easier when your smallest credit card is receiving all of the financial attention.
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Old 10-16-2011, 09:42 AM
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I advised my friend to go to a debt company where they would be able to advise on not only his business debt but his household debt as well. They had suggested 2 options for him- debt consolidation and a plan which would help him manage his debts- It has helped him so much and you can see the difference on how it has affected him and his business - he is happier! It was tough at the beginning but he has got through it and is stronger.
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