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How to get out of debt with no money in India?
Though I'm not in India, generally getting out of debt with no money can be challenging even in India. What should you do to get rid of this debts? Start by listing all your debts and understanding the total amount you owe and the one with high interest so that you pay that first. After that, make aRead more
Though I’m not in India, generally getting out of debt with no money can be challenging even in India.
What should you do to get rid of this debts?
Start by listing all your debts and understanding the total amount you owe and the one with high interest so that you pay that first.
After that, make a detailed budget that outlines your income and expenses. Cut down unnecessary expenses to free up some money. You can as well avoid partying, clubbing and so on.
If it’s really on your neck to pay off the debts reach out to your creditors and discuss your situation. They may offer you a repayment plan or reduced interest rates.
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