2006-09-05 03:58:42 · 6 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
pay by cash..
2006-09-05 04:05:00 · answer #1 · answered by Anonymous · 0⤊ 0⤋
pay off the lowest payment first, if you owe three bills and one is $1000 with a $80 monthly payment, and one is lets say $600 with a $30 payment and one is $200 with a $20 payment, pay off the $200 first and use the extra $20 for the $600 payment, so that payment would now be $50. Pay that one off and use the extra $50 on teh $1000 bill then add it to the payment of $80 turning into $130, and pay until all of them are gone. just dont get more debt. you can do it clear until you use the extra and pay off your mortgage, and get that out of the way too. Good Luck.
2006-09-05 04:05:26 · answer #2 · answered by Grandma of six 5 · 0⤊ 0⤋
It depends on your financial situation and credit. If you have good credit, then you can get a loan to consolidate debts. If you are also a homeowner, then you could get a home equity loan. If your job stability is uncertain, you should avoid securing unsecured debts with your home.
If your credit is not so good, then a loan may not help you. Even if you were approved, the terms would likely be very bad.
If you need advice, you may wish to speak with a financial or credit counselor. I recommend finding a reputable agency in your local area. You may wish to visit this state directory.
2006-09-05 04:53:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I have a friend who did the following.
He just waited till the creditors became in patient and started write very angry letters.
He answered them upon receipt with:
Dear Sir, my way of paying my debts is through a lottery since I have only a limited amount at my disposal. I put all my bills in a shoebox and once every month I select blindfolded one of the bills and pay it. However because of your very unsympathetic letters which violate my terms of the lottery I am forced to exclude you from this lottery ! With Regards, Peter.
2006-09-05 04:09:21 · answer #4 · answered by midasgold 1 · 0⤊ 0⤋
I wouldn't reccomend going to a company for that because they'll charge you an arm and a leg
I would find a low to 0% interest credit card and then charge everything on there and pay it off quick before the interest spiked
2006-09-05 04:04:40 · answer #5 · answered by GD-Fan 6 · 0⤊ 0⤋
If you belong to a credit union use them. If not try to become a member of a credit union and you will get the best rates.
The best advice for all of us is not to spend more than we make and to live below are means. :-)
2006-09-05 04:06:32 · answer #6 · answered by soar 3 · 0⤊ 0⤋