Steering Away From Direct Payday Loans Essay
*Motivate yourself to pay off your debt. Keep a chart on the fridge or by your desk and keep track of the lowering expenses. Watching your debt fall before your eyes is a great way to keep yourself on track when tough days challenge your budget.
*Find a method to pay down your debt which fits your style. Some choose to attack the largest bill first, others go for the one with the highest interest rate and some like to stab at the small debt first for immediate results. Whichever you choose, stick to the plan. If you have an online payday loan as debt, the high interest attached to outstanding debt will be cumbersome if not taking care of right away.
*Finding an extra source of income to increase payments towards your debt is a great way to make your plan a quick success. Hustling some money on the side form selling things you do not need, babysitting, or doing odd jobs for friends or neighbors are quick cash to add on to your payments. Any bit of extra to lower the principle will help.
*Stop using your credit cards. Paying down your…