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I am head over heals with debt

Date: Thu, 08/17/2006 - 10:37

Submitted by anonymous
on Thu, 08/17/2006 - 10:37

Posts: 202330 Credits: [Donate]

Total Replies: 2


Currently, I am head over heals with debt. My car note is almost two months behind. I also have pay day loans outstanding that need to paid off and also other debt that is on my credit report. I don't want to file bankruptcy I just want to get a handle on my bills. Please help me!


Thank you,

Evashta


Hi Evashta

At this situation, I will prefer to pay more attention to the car note. Since your car is attached with the loan, make every effort to clear the loan and stop the car from getting foreclosed.

As you are going through some financial troubles and all bills are piling up, look for a second job if that sounds helpful in your situation. You will be able to roll your daily expenses and pay some important bills using the extra money. A consolidation program will also be helpful in your situation. Someone from your place will contact you soon and offer free counseling. He will frame your payments with the creditors and negotiate with the creditors for a lower interest rate. Hope everything goes well with you. Keep in touch.


lrhall41

Submitted by ArDeN on Thu, 08/17/2006 - 12:32

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You need to make it a priority to catch up your car payment. Remember this is a secured debt and they can repo the vehicle for faliure of payment. Consolidation is the best bet. They can help you put all your unsecured debt into one low monthly payment. It is important to remember to not let the important things go to pay the payday loans. I'm not telling you not to pay the loans, but get your finances in order then work on the pdls. Are your pdls online or store front?


lrhall41

Submitted by Not so Lucky on Thu, 08/17/2006 - 12:36

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