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Debt Destroy

What Is The Fastest Way To Get Rid Of Debt?

Posted on September 14, 2009 at 3:29 am
I think a lot of people would appreciate the answer to this question, I think if there's a poll on the most popular questions with regards to debt, this would be one of the top ones: What is the fastest way to get rid of debt?

maybemaybemaybe Rep Points:
Posted on September 14, 2009 at 3:34 am
What is the fastest way to get rid of debt? as one of the popular questions when it comes to debt? Maybe.I'd go for - Can debt just disappear-as in, now? And the answer to that could be - yes, if your creditors are using mostly electronic data and you were able to hack into their system and erased your debt.But seriously, the fastest way to get out of debt depends on how much your debt is, what type of debt it is, and your means of payment.

papa dont preach Rep Points:
Posted on September 14, 2009 at 3:37 am
What is the fastest way to get rid of debt --If your problem with debt is the interest rate being too high - I'd say credit counseling.If your problem with debt is the total balance being too big - debt settlement.

say it isn't so Rep Points:
Posted on September 14, 2009 at 3:51 am
The question, what is the fastest way to get rid of debt - is so subjective and so per case to case basis, that I don't even know where to start..
Posted on September 14, 2009 at 3:52 am
Okay..what is the fastest way to get rid of debt - for student loans?

say it isn't so Rep Points:
Posted on September 14, 2009 at 3:57 am
Hah okay  "what is the fastest way to get rid of debt - for student loans?" is better.Talk to your lenders about your payment terms. Get extra income generating projects. Ask your parents if they can help - at least, with them there would be no interest rates piling up. Look for loan forgiveness programs sponsored by the government. Some of them have to do with joining the military and/or with teaching.
Posted on September 14, 2009 at 4:12 am
what is the fastest way to get rid of debt - pay day loans?

x and y Rep Points:
Posted on September 14, 2009 at 4:22 am
"what is the fastest way to get rid of debt - pay day loans"Since I don't think anybody here would really recommend a debt consolidation loan...why not try using your credit card to pay it off? Especially if your credit card company is offering very low or no interest rates. Just make sure to pay on time as you might lose the 'no interest' privilege (if there is one), or worse, be slapped with higher interest rates or surcharges for the late payments.

stewart's coat Rep Points:
Posted on September 14, 2009 at 4:24 am
Okay, you guys answer the following:What is the fastest way to get rid of debt of tax debt?What is the fastest way to get rid of mortgage debt?What is the fastest way to get rid of most secured debts?

Pop-up Blocker Rep Points:
Posted on September 14, 2009 at 4:34 am
What is the fastest way to get rid of debt of tax debt?Apply for the Offer in Compromise (OIC). The IRS offers this to qualified consumers that they may be able to pay less than what they actually owe.It's like debt settlement, only with the IRS.
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