eliminate debt?

Question

how to eliminate my debt

Answer 1

hi, well if you are willing to put some effort into reading then people in debt often seem to find some help here :
http://credit-cards.ebookorama.com
and here http://finance.ebookorama.com
also plenty more to read here
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
now it's up to you good luck!

Answer 2

Figure out exactly how much you owe to who and how much interest you are being charged. Take either the smallest debt or the one with the highest interest rate and plan to pay extra on it every month. Even just $5 extra everymonth will work. Make the minimum payments due on all other bills. I suggest tackling the smallest debt first, you will see results quicker and this will give you the motivation to stick with your plan.

Once the first debt is paid off, apply whatever you were paying on it to your next debt.

Repeat this process until everything is paid off.

You did not mention what types of debt you have, but for credit scoring purposes, you should not close credit cards when you pay them off. Keep them open, but if you think you will be tempted to use them again, cut the cards up.

Answer 3

Debt Consolidation - Get Out Of Debt
http://www.askaquery.com/Answers/qn1643.html

How to Hire a Debt Counselor?
http://www.askaquery.com/Answers/qn1584.html

What is Debt Relief?
http://www.askaquery.com/Answers/qn1583.html

Debt Management and Building Wealth
http://www.askaquery.com/Answers/qn1581

Answer 4

I'm assuming you mean credit card debt? as they are what gets most people into trouble-- I got rid of mine by getting a consolidation loan from a bank, paid off and closed all my cards---and if your bank won't loan you the money, try credit.com for alternative funding...yes, you will pay interest but it won't be revolving interest as the credit cards charge...then make a practice of spending less...I am doing this and I will be completely out from under my 3 credit cards within 2 years from now. I use only my debit card now and if I don't have money, I don't buy, it is amazing how little we actually truly need! When my 2 years are over, or sooner if I can manage it- my paycheck will be all mine (except for the basic bills of course) Hope this helps :)

Answer 5

unless you want to live in a cave, debt is all around. Took my wife and I 3 years but what we did was use our tax return money to pay off all our credit cards. Now when we want something, we save up for it. Unless its a big ticket item like a car we bought and borrowed on last year

Answer 6

It's odd. To deal with one thing you must concentrate on something else. Debt exists only because of spending. So, you deal with debt by dealing with spending. If you don't spend a dollar, that's a dollar you don't have to earn, or what is much worse, borrow. If you don't spend a thousand, that's a thousand you don't have to earn or borrow.

Answer 7

i could pay down the domicile first, it extremely is the better pastime value, as nicely i could decrease out a pair of coffee runs, etc. each and each month and upload the greater 8$ to around the vehicle to 3 hundred/month, it extremely is in elementary terms somewhat despite the fact that it gets you interior the habit. ultimate of success for a debt unfastened destiny! And congrats on taking the stairs to make it take place!

Answer 8

Pay as much as you can each month, never be late and don't buy another thing on credit until you have paid it off.

Answer 9

5 points which would help you reduce debt:


Strategies to Reduce Debt Quickly
http://www.complete-debt-info.com/category/Strategies-to-Reduce-Debt-Quickly.html

Answer 10

You need to manage your finances read some tips and articles on it on this site