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20k of debt for myself, a combination of those get now pay later . student loan and a credit card
the way I am tackling my debt is by bringing in more income. and calling my creditors and negotiating a plan would be surprised of how many creditor companies have a interest relief program for people who are behind on their bills to the point where it;s almost reaching third party collections.
citi financial after a year of battling with them got me on their interest free program i pay 15$ a month until my 1300 loan is gone.
the rest that aren't able to cooperate or don't offer an interest free loan are enrolled at a non-profit credit council ling program at credit Canada i pay 62$ a month for up to 3 years or sooner.
- basically all you can do to beat down that debt, is to increase those payments, try and get credit counseling, and increase your income and decrease your expenses.
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