How to get out of debt quick?

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I am in debt about 25k and really need to get out or I am in fear of going bankrupt. What are my options, anyone know of a good free service to help consolidation or just advice?

4 Comments
  1. Reply
    DangerDave
    July 17, 2011 at 8:23 pm

    Well first off there isn’t really simple or quick way to get out of debt. A good place to start would be to cut up all your credit cards! Anyways, I was in debt a while back and there are actually some good organizations which are just to help people like you with advice and counseling on what the best plan of action is. One good site that I and a few family members used and loved was http://www.KillYourDebt.org, after filling out the few basic pages of information they called me within an hour and I had a personal rep to consult for free. Hope this helps, keep your head up!

  2. Reply
    Physics beginner
    July 17, 2011 at 9:07 pm

    Unfortunately getting out of debt is not as quick as it takes to get into it. It takes time and discipline and I have provided some outstanding links below that will guide you out of the process of debt.
    The principle is to stop everything except minimum payments and focus on one thing at a time. Otherwise, nothing gets accomplished because all your effort is diluted. First accumulate $ 1,000 cash as an emergency fund. Then begin intensely getting rid of all debt (except the house). List your debts in order with the smallest payoff or balance first. Do not be concerned with interest rates or terms unless two debts have similar payoffs, then list the higher interest rate debt first. Paying the little debts off first gives you quick feedback, and you are more likely to stay on track. Good luck

  3. Reply
    Mark Fisher
    July 17, 2011 at 9:27 pm

    Walters Mark from Florida i am in dire need of loan of $ 8,000 to pay my bills and i have a bad credit and no-cosigner, i searched everywhere and until i got an advert about MONTREAL LOAN COMPANY in yahoo answer and i contacted them and i was offered the loan and i am recommending him to everybody who needs loan to contact him through his e-mail

    montrealloancompany@gmail.com

  4. Reply
    kv
    July 17, 2011 at 10:11 pm

    hey i have a financial company and i would love to help u with your situation i got an idea right now. i was hoping u can email me at krishan_vadukul@yahoo.com
    let me know i can help u for sure.

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