help

You can go for the option on debt consolidation program and get rid of your debts.

Hi,

The most important thing that you are required to do now is lower the usage of your credit cards and try to improve your income. you can try the different online money making options and work part time too.

In addition to the above, you can either try to settle your debts or consolidate your debts. If you have very high debt level, you can opt for debt settlement as it helps in lowering the outstanding debt amount. However, if you have high interest rated credit cards, you can opt for debt consolidation. It helps you t lower the interest rate on your debts.

Hope this helps.

Hi,

You can also try the debt avalanche method. Prioritize your debts in order of highest interest rate to the lowest. The main idea of the debt avalanche method is to pay off your high interest debt first while making the minimum monthly payments on all your other debt accounts. As you said that you and your fianc??e are using 6 cards, together, make a list and add all the extra income towards paying off the account on the top with the highest rate. If you have an emergency fund, withdraw money to repay the aforementioned account. Repeat this method every month until you become debt free.

Make sure you continue making the minimum monthly payments on all the other accounts lest you incur late fees and penalties. This will just add to your financial worries.