If you are suffering from financial hardships we recommend the
following steps:
1. Review all debts.
2. If a portion of the debts are on credit cards or high
interest department store cards, and you owe more than $10000
on these cards, consider getting a debt
consolidation loan. You will have one small monthly
payment with a small interest versus many large payments.
3. Attempt to reduce unnecessary expenses. Only you
can know what these expenses are.
4. Avoid any type of banking fees for bounced checks,
exceeding your overdraft etc. Bounced checks can hurt in
two ways, one from the bank fees, and the company who
experienced the bounced check will also add a fee and interest
charges. You can do this by carefully reviewing expenses and
making sure you have the correct amount in the bank. If not
consider getting cash
advances when necessary.
5. Eating out can become very expensive. Purchase groceries
whenever possible.
6. Good Luck!
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