Yusra3
VIP Contributor
If you're struggling to pay off your debts and you have a low income, it can be tough to get out of debt. Fortunately, there are some things you can do to help yourself out of financial trouble and start paying off your debts more quickly.
You may want to consider refinancing your debt with a lower interest rate. This will reduce the amount that you owe on your credit card and other loans, which will make it easier for you to pay them off faster. If you do this, just make sure that the new lender agrees with any other terms that were set when you made the initial loan such as how much time it takes for payments to be made or whether there's an early payoff fee.
Another thing that might help is finding ways to increase your income. For example, if you work at home and have no other income coming in, consider taking on a side job or freelance writing gigs for extra cash each month. If this doesn't seem feasible for whatever reason (for example, because it requires too much time), then consider selling things on eBay or Craigslist instead; many people who sell items online make good money doing so!
You may want to consider refinancing your debt with a lower interest rate. This will reduce the amount that you owe on your credit card and other loans, which will make it easier for you to pay them off faster. If you do this, just make sure that the new lender agrees with any other terms that were set when you made the initial loan such as how much time it takes for payments to be made or whether there's an early payoff fee.
Another thing that might help is finding ways to increase your income. For example, if you work at home and have no other income coming in, consider taking on a side job or freelance writing gigs for extra cash each month. If this doesn't seem feasible for whatever reason (for example, because it requires too much time), then consider selling things on eBay or Craigslist instead; many people who sell items online make good money doing so!
