A debt assistance provider may be able to get you back on your feet again if you feel bowled over by your debt Before you make the leap into debt assistance, though, consider whether or not you can get out of debt on your own.
Consider A Second Job The easiest possible way to reduce your debt quickly without resorting to debt assistance is to acquire a second job.
Earmark your earnings on your second job to getting out of debt Apply the savings toward the debt with the highest interest first, then the next highest interest rate, etc.
If you don't believe you have the time, strength or energy to work a second job away from home, consider working your second job in the comfort of your home.
With a high speed internet connection, many jobs such as web designing and copy writing can be done at home.
Selling What You Have Look around your house and consider what you could sell, and apply the proceeds of sale toward reducing your debt Maybe you have a collection of some knick-knacks or childhood merchandise that you could easily sell on craigslist or eBay.
You may even try the classified ads in your local newspaper.
Having a garage sale could be a second option.
You may be pleasantly surprised at how fast you can make hundreds or even a thousand dollars by selling your excess items and possessions.
The same applies here as with the second job:be sure to apply all funds from the sale of these items and articles to debt reduction.
These proceeds are not a windfall; they are a means of providing your own debt assistance so you can reduce the heavy load of debt upon your life.
Credit Counseling If these subtle efforts are not enough to get you out of debt or at least reduce it considerably, then credit counseling is the next option of debt assistance that can start to make a difference in your life.
A one-on-one meeting with an experienced credit counselor will help you with resources you need to manage your debt and your finances.
You will learn how to set up a budget, perhaps for the first time in your life, and how to stay to it.
Together, you and your credit counselor will set up a debt management plan that includes all your creditors and all of your debt The plan will leave you with enough money so you don't feel too deprived.
That way you will be able to stick to the plan over the months or years that it takes to conquer debt Be Patient This kind of debt assistance has been proven to work.
To get all their debts paid off, it typically takes an individual up to six years .
Don't incur new debt while you are undergoing debt assistance.
It will only prolong the process.