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Updated on April 21, 2008 - debt free

You don't need anyone to do it for you. All they do is negotiate your debts for you and collect a fee. You can do it yourself!

Call all of them and work out a payment plan and try to get your interest lowered or stopped.

Then, make the minimum payments on every one of them. On the lowest dollar value, put all your extra effort toward paying it off. Once it is paid off, then roll that extra money to the next largest balance. Continue this snowball until all your debts are paid off.

Need Help Paying Off Debt - What Do I Do?

The BEST thing to do if you're young enough is to make a committment to yourself to pay it off. Don't worry about the low payments...worry about getting it paid in full. You can do it! Grab today's paper & find a 2nd job... You can knock the debt out in less than a yr & your credit report will love it!

You proabbly need to cut your expenses back to the bare minimum. Get rid of cable, cell phones, internet, etc. Lower your electric bill, gas bill, water bill, etc. Don't eat at a restaurant until your debts are under control.

Try to increase your income by getting a second job. If you have a car with payments, get rid of it, and buy a good dependable used car for CASH.


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