How can you pay off your debt when you can't get a loan from the banks?
This can be tricky at times. There are certain debt consolidation programs that might be helpful though. They consolidate all your loans into a lower monthly payment.
You could also work on targeting your lowest bill each month; paying extra on it until you are able to pay it off completely. Once you eliminate it, then you could take the money that you were spending on it each month and target the next lowest bill with those funds. It can be a lengthy process to do it this way, but it eventually pays off in the long run. The more lower-level bills you pay off, the more money you can put towards larger bills in the future.
Hi, you can try for a consolidation loan. But my answer is a little different. Start by having a budget. Don't take out cash in small amounts if your bank charges you for every transaction. You should always pay down your bills that have the highest interest rate first. Start a save jar and put all your pocket change in there if you have spouse have them do the same. Then take that jar and use it for a payment. I did this and had enough money to pay a months morgage instead of it coming out of the bank leaving that money for other bills. Sell items you don't need or use and add that money to your payment money. There are lots of sites online that show you how to make extra money by selling items you don't need.
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