Your Questions About Get Out Of Debt Fast

Debt Consolidation

Chris asks…

Does anyone know how to get rid of debt? or ligit companies that can help get out of debt fast?

admin answers:

These types of companies can put you through more debt.
My advise is to budget your self to the maximum,try to stay away from malls and Starbucks, make coffee at home, and also try to write down your daily spending, most of the time you will find out that you don`t need most of it, also try to work one extra day a week, you should be able to make at least $300 a month just by doing that.

Steven asks…

Anyone get out of debt fast without filing bankruptcy? If so, how did you do it?

admin answers:

Live within your means. Reduce your spending. Stop buying things you do not absolutely need. If you smoke, quit. Stop eating out. Stop drinking. Drive less. Maybe get a second part time job. And don’t pay the minimum on your debt, pay more. Pay off as much as you possibly can each month. It’s not easy, it’s not fun. But if you’re serious, it’s what you have to do. Good luck!

Linda asks…

I need to get out of debt FAST!!!!!?

Me and my husband where going to file ch. 7 Bankruptcy, but decided not to. We are able to pay most of our debts, but it will take one by one, some will take a month or longer to try and pay. With the BIG debts we are going to see if they will settle so we can get it paid off faster. Is it best to do it this way or should we do a debt consolodation, b/c w/that I know It will not show up on your Credit report paid until the CCCS gets all their money in full. Which could take years. And we need to get a house asap.

Debt Consolidation

admin answers:

Visit Dave Ramsey.com We follow his plan and it really can work, it is called My total Money Makeover. It’s a plan to get and live debt free

Mark asks…

how can i get out of debt fast and fix my credit?

admin answers:

Pay the most expensive Loans first (normally Credit cards). Communicate with the bank or those you own money to get a deal that suits you when it comes to paying down debt.

Betty asks…

do those consolidation get out of debt faster programs work?

i see they claim they can help you get out of debt faster and sometimes for less money than what you owe. and also are they really profit free …you don’t have to pay them money to do this service for you. and if they dont where do they get money to stay a float?

admin answers:

NO NO NO!

They’re not worth your time or money!
If you want to consolidate your debt, write to each creditor and ask them to settle with you. That’s all these people are going to do.

Check out Dave Ramsey and read up on his “Debt Snowball”. It REALLY works. My husband and I didn’t have all that much debt to begin with, but in doing this, we have almost totally wiped it out. This time next year, the only debt to our name will be our mortgage!

Please check it out!

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Debt Consolidation


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