We all hate getting those final demand letters with all that red writing designed to make us panic, but this is something that happens to everyone at one time or another, so don’t worry too much, as there are many ways of resolving the issue. Whilst some people sit at home and get stressed reading the correspondence over and over again, those with more intelligence realise that going out and making changes to find the money they owe is the best move, and so you should definitely follow their example. At the end of the day, debts are only numbers on computers and pieces of paper, so all you need to do is get some numbers from somewhere else.
Don’t misunderstand the point I’m making here. Obviously, you do need to pay back any money you owe to creditors, or they WILL take you to court. However, you should avoid paying from your own savings or wages and try something a little more creative. While there are risks involved in taking this path, the rewards make the endeavor worthwhile. So, without wasting any more time on this introduction, here are 4 simple ways to get out of debt in 2014. Hopefully, you’ll find at least one of them could help in your current financial situation.
1 – Apply For Credit Cards With 0% Interest
Presuming your debt is worth equal to or less than around £7,000, you should have no trouble getting credit cards to cover the amount and get those creditors off your back. If you apply for ones offering 0% interest for a period of time, this will give you some breathing space. Simply pay your creditors using the cards, and then start paying the cards off, safe in the knowledge your debt is no longer rising.…