Do not overlook the first, hoping that the debt will disappear.
It is wrong to try to forget or ignore the problem of debt. This does not seem to be controlled, but if you take a clear position, control center and recreation, how best to manage their existing debts.
2 and try to always meet the minimum payments.
It is important to keep in the best credit rating. It is therefore important for timely payment of the minimum price. If the real problem to talk to your lender and explain the situation. Most likely less damage for payment by credit to miss.
Third Consolidate debt.
There are various ways to consolidate debts. However, the basic rule is to try and pay the highest interest rate debts first. It can consolidate high interest debt less interest in religion. If possible, should be investigated in this way. If you own a home, you unsecured debts, which have a lower interest rate will be consolidated, but at the same time, home ownership would be a mistake to satisfy the debt.
4th debt.
If you find that your debt is very close to see that they do not know how to manage, it is advisable to speak, debtors independent consultant. A good counselor debt can be less emotional, more of relief with their experience, they will be able to do different programs to reduce and eliminate their debt problems. In general, an independent consultant, but also from friends and family because there is more than feelings should not be easy.
5th Wines
This is one possible solution for connectivity is very large. This is a debt settlement company making an agreement for debt reduction. They negotiate with creditors to pay up to 50% and total debt less. Religion and then said. "Total Solutions" There are potential drawbacks of debt settlement, for example, still has an impact on your credit rating is not likely to happen, but it can be a better choice of bankruptcy. See: debt
6th Increase your sales.
The second task is a way to save money. You can reduce it to increase its debt rather than total debt. In the long run save you twice, you will not only benefit from debt reduction, saving you interest.
7th reduce costs.
If we look at our consumption will be surprised by our money, we all went. For example, television, big spenders in the fashion picture, since many people need costs. And a girl, and costs £ 2,000 a year from coffee and pastries. In most cases, high debt significantly underestimate the cost of some things. Can you write what you spend your money this week, you may be surprised, you can easily store. Not only that, but found that people are happier to reduce costs is essential.