SimplyFinance

Are you making late repayments? Is more money going out than is coming in? Are you being hounded by credit calls? If you have answered “yes” to any of those questions, then take the next step in debt relief and connect with an advisor. More info

Most credit counsellors who have your best interests in mind will have you complete this enlightening exercise. You can find many easy-to-use templates on-line: Debt Counselling Corp. of the U.S. has a simple version on their website. With any spending log, it is suggested that you spend the better part of a week writing down all money that is spent, including where and how much. After this week, you should be able to identify trends and see where you can tighten the money belt. Many debt help specialists will also suggest initiating contact with your creditors. Persistent phone calls to a creditor, before they persistently call you, with an explanation of your situation and your desire to repay the loan may persuade them to offer some debt help by lowering interest rates or by suspending payments. Less