Debt Assistance

Save Money with Debt Assistance

If you feel like you are drowning in debt then a debt assistance provider may be able to help you get your head above water again. However, before you take the plunge into debt assistance, consider whether you can get out of debt on your own.

Part Time Second Job

A simple resolve to help in getting out of debt without having to get debt assistance would be to get a second job. Devote your earnings on your second job to getting out of debt. Put the second job income to work on bills with the highest interest first and then toward which ever one is the next highest.

If you don’t feel you have the time or energy to devote to a second job, consider working your second job from home. If you have internet at home with high speed connection you can find many freelance jobs to work on right in your own home.

Time to have a Sale

You may have several items in your home or garage that you can sell and start applying towards getting out of debt. There are several ways to list your items that you have around the home or garage to sale to potential buyers, such as eBay, Craigslist or in a local newspaper.

Another option is to have an old-fashioned garage sale. The more you sell the more you will make and you may be surprised at how much people will buy at a garage sale. As with the second job, be sure to apply all proceeds from the sale of these items to getting out of debt. Don’t look at this as extra money, but rather as a resource in debt assistance to be used solely for the purpose of getting you out of the burdens caused by too much debt.

Credit Assistance

If you fine your attempts toward getting out of debt on your own is not making a big enough difference as quickly as you had hoped, then you should schedule an appointment with a credit counselor. A one-on-one session with an experienced credit counselor will provide you with resources you need to manage your debt and your finances. You will learn how to create a budget, perhaps for the first time in your life, and how to stick to it.

Together, you and your credit counselor will set up a debt management plan that includes all your creditors and all of your debt. They will take into consideration all your daily living expenses when creating a budget for you to adhere to. This will help you in sticking to the budget plan for however many months or years it takes to get debt free.

Patience is a Virtue

This kind of debt assistance has been proven to work. It typically takes an individual up to six years to get all their debts paid off. Don’t prolong the process by incurring new debt while you are undergoing debt assistance.