Getting Started
Date: Fri, 09/26/2008 - 14:01
Hi All
I have been receiving many harassing calls from collection agencies. I now have the income to get out of debt in 6 mths. or so and will start making payments now.
I am making a list of all creditors, amts, rates, etc.
But, there is probably a "best practices" method of paying off my debt. I know to pay the most expensive ones first, but is there any other techniques that I should us to my advantage.
Can someone please help.
Thanks Tim
I have been receiving many harassing calls from collection agencies. I now have the income to get out of debt in 6 mths. or so and will start making payments now.
I am making a list of all creditors, amts, rates, etc.
But, there is probably a "best practices" method of paying off my debt. I know to pay the most expensive ones first, but is there any other techniques that I should us to my advantage.
Can someone please help.
Thanks Tim
From this forum I have lerned that there is no hard and first ru
From this forum I have lerned that there is no hard and first rule of paying off your debt. But somewhere in this forum itself I was reading that if you have multiple debts then paying of the smaller debts boosts up your self confidence and ultimately helps you to realize that you can repay all the debts.
