1.Face debt and solve it.
The courage to face debt can solve the debt. Many people are in debt because of failed investment, short-term unemployment without income, gambling, and so on. You need to calm down and deal with it. Anything rushed will not be achieved. First, distinguish and count your debt. Today’s personal debt can basically be these: credit cards, bank loans, financial institution loans, online consumer loans, private loans. We must first understand the seriousness of various loans, then calmly choose the method of repayment.
Make a clear analysis of the reasons for the debt buildup, and promptly correct your own wrong practices. “Loans to repay are no less harmful than drugs”. Generally, more people cause debt buildups than three types of people: “over-consumption crowds”, “business investment crowds”, and “gambling crowds” Those three categories of people corrected their wrong practices in a timely manner. How to solve your own wrong practices is probably more clear to you than mine. Remember that rush is not enough, you have to deal with debt calmly.
2.How to deal with debts reasonably.
Debts are paid off, but the proper handling of debt is especially critical. Improper handling led to the end of the abyss. Count all debts in priority, and process them according to the importance and priority of the above. I personally included three stages, and everyone dealt with them reasonably.
All debts are self-counted, how much is repaid each month, how to plan personal repayments, and how much fixed income each month. The list of items is naturally clear. First, calculate the monthly fixed income, excluding the monthly household or living expenses, whether it can achieve the same income or repayment amount or a monthly balance.
1). Keep calm first, of course, make all preparations, and actively face debt.
2). Inform family members and relatives and friends in time to sell all the property around them to pay off, after all, if dragged to court for prosecution, the property in your name will still be enforced. If the family has the ability or assets to help you, then accept these in time, of course, if the family is willing to help you. If you don’t like it, don’t do it. After all, it affects the life or way of life of the loved ones around you.
3). Actively handle credit card repayments. Of course, even the minimum repayment is not enough, then negotiate with the bank to explain your situation, negotiate to pay back in 5 years, and agree on the amount within your ability. If the amount is too large, this part will be maintained. No, then keep the repayment every month, the amount is no longer important. Delay in clearing credit cards. Remember to pay off the credit card first, other loans can be placed on behind. If the other party calls or negotiates, it’s best to directly explain the situation, delay the repayment cycle, indicate self-payment willingness, and cannot be repaid in the short term. The blacklist and is not important to you. Your first goal is to ensure that you can continue to make money and repay.
4). Re-plan your life, change your lifestyle, maintain your income, increase your income, and reduce your expenses. Priority is given to ensuring survival, and of course to eliminate unnecessary expenditures. Reasonable distribution of income and repayment amount, after all, survival is the first priority. All lenders want nothing more than you owe debts, so try to pay off debts in the first condition of maintaining your own life.