i have no clue where i should post this thread but i have to aska question regarding money. If you are under let say 15,000 debt how long would it help you pay when you have not much source of income? What are the different ways i can come up with to help pay this off before it becomes larger then life?
is it helpful to contact the debt solution people we often see in the pakistani newspapers? Would it ruin my credit for life?
i need some serious questions these days nothing comes easy, the income you make goes to food, basic needs and of course the expensive rent.. then ocmes out the bills and you have not enough money to pay off the bills!
i need serious help
Hmmmm,
Stay away from consolidation debt as it decreases your credit rating. First thing you need to do is to obtain a credit report. Equifax.com charges like $24 bucks but it tells you where your credit rating stand. If you havent missed any payment or havent screwed your credit rating by bringing it less then 650 then:
- Look for new credit cards that charge less interest rate.
- Try to obtain a credit line if you can. It has almost half the interest rates.
- You dont sound like a risk taking dude or I would have advised you to purchase a house and rent it out. It is good business.
- You make money with money. You can only beat debt by increasng the revenue instead of decreasing the expenses.
- PM me your number if you need help with the renting business. (Only for serious enquiries)
I am an auditor by profession with housing business on the side. I am not a real estate broker before you label me as one. :)
Good luck.