Suggestions needed regarding major debt
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Apprentice
Joined: 25 Apr 2007
Posts: 3
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 Posted: 02/10/08 - 05:58 Post subject: |
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| Hello! I have very serious problem regarding my debt. I owe a large amount of money, and I have no idea how to solve my problem. This problem consumes my whole life, not only that I can't sleep, work, I can't even think anymore! I even tried to talk to my creditor, to explain my situation, but they just keep sending me notices! What should I do? Is there any way to solve this problem and save my nerves? Please, don't tell me to call my parents, I already tried that! Every possible suggestion regarding solving my major debt is welcomed. |
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abe
Apprentice
Joined: 12 May 2005
Posts: 14
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| Posted: 03/10/08 - 21:59 Post subject: |
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| The very first thing you should do is not to allow this major debt to consume your whole life! If you do that, your problems won't disappear, they will just get bigger. You have many possibilities so, let's get started! The one way of paying your debt is to apply for a loan to a different financial institution. It is called debt refinancing. The idea of debt refinancing is to apply for a loan with better installment program. How does this works? It is very simple. When you are approved for a loan, your debt will be automatically paid. Then, you will have only one credit to pay off, on a monthly base. There are also other possibilities, various credit cards, for example, with similar payment installments, also on a monthly base. Good luck |
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