How to Pay off My Bills
If the main question on your mind is “How to pay off my bills?” then you are probably in need of some clear-headed advice from some experts about consolidating your debt. Few people wind up in debt because of irresponsibility, but most people make the same common mistakes when they try to figure out how to pay off ever growing bills. Here are some of the mistakes, and what you should do instead.
If your question is how to pay off my bills? Then don’t do this.
It is considered to be a sign of maturity that you can pay your own way in life. It is no surprise then that most people opt to try to live on a bare bones budget while trying to pay the minimum on all of their debt to avoid default payments and debt collectors. This only creates a deeper debt as your interest costs will just keep increasing. Even if you try to pay the minimum on all the bills but one, thinking you will pay that one off and then go one by one through your debt to get rid of it; won’t work. You may pay off one bill, but you are just increasing your interest debt on the others.
Also, avoid this common mistake
Declaring bankruptcy should be the last resort to help you get out of debt. While it may seem like a solid way out, it can be a way to really trap yourself in life. People misunderstand how it works and when they are told that bankruptcies clear after 3 years, they may not know that their credit rating will be affected for years and this impacts on their ability to get credit in the future. Since some jobs and some leases now involve credit checks, declaring bankruptcy before you really should, could wind up creating a situation that is even worse than the one you are in.
Talk to someone who knows
The real answer to your question of “How do I pay off my bills?” is to go and talk to someone whose job it is to help people consolidate debt and get their financial life back on track. And you don’t want to be paying unnecessary fees or interest – you want to pay your bills and save money at the same time, right?
You can get a free consultation where a debt specialist will gather your information and outline a plan to get you back on your feet. There are too many options available for you to rely on a few days research on the Internet as your education when for no cost you can talk to someone who has made a career out of helping people like you. Our debt specialists know what will work for you, what will save you the most money in the long term and what will provide you with the best results in the short term.
To take the first step you only have to put in a request for a free savings estimate or call Settle Debt on 1300 164 395.
The debt specialists at Settle Debt work with many of the leading debt companies so they know which ones will be open to debt resolution that could be in your favor. Don’t try to do it all by yourself, let someone who has made it their business help you to get your business back in order.