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Debt Discussions about debt and how to deal with debt.

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  #16  
Old 03-08-2007, 10:20 AM
sunshine sunshine is offline
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Join Date: Mar 2007
Posts: 20
Default Re: Paying Off Debt

I believe the most effective way is to not buy anything more and save up for your monthly payments. and NEVER borrow money to pay off another debt.
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  #17  
Old 03-12-2007, 12:21 PM
fiscalphil fiscalphil is offline
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Join Date: Mar 2007
Posts: 5
Default Re: Paying Off Debt

we've been trying to cut our debts for a few years now, all the credit card debt is now on 0% cards and we have cut down on wasteful spending such as large mobile phone bills and expensive satellite TV packages, all the money saved goes to paying extra off the debts each month
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  #18  
Old 03-12-2007, 03:52 PM
alecia alecia is offline
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Join Date: Mar 2007
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Default Re: Paying Off Debt

I too am paying off my debt through the use of 0% cards. I was able to utilize a card from Citibank Diamond Preferred Card at 0% for the life of the balance. This really helped me to put my credit card balances there with my monthly payment being 1.5% of the total amount owed. I am able to save money for my Emergency Fund too.
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  #19  
Old 10-19-2010, 02:18 PM
debtsett debtsett is offline
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Join Date: Oct 2010
Location: USA
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Default Re: Paying Off Debt

I'm currently fighting off debt by putting money aside to pay off my current credit cards
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