Debt settlement plan!

You will either continue to blame yourself and your environment for debts, or you will try to solve the problem as soon as possible. Here's your action plan...

Every debt is paid, as long as you are planned. We're all human beings, no need to be ashamed, no need to blame. This does not mean that the debtor situation will last a lifetime.

■ Root cause: going down to the root cause of your debts helps you get rid of this situation more easily. Consider tooth pain as a root canal treatment.

■ List: list where you owe one by one. The loan, the credit card, the hand debt... the interest on the loan is more important than the amount. Write the highest interest debt to the top and start paying it off.

■ My assets: writing everything you have will help you feel strong.

■ Family size: to postpone your debts to family and friends, take a family size and talk to them.

■ Motivation: no one can give 10 kilos at a time, but the first few kilos give one strength. Paying debt is like losing weight. Close a few small debts to be morale.

■ Using a credit card: stay away from your credit card until you close your debts.

■ Contact: your payment date has arrived but if you are unable to pay, ask the creditor for a time. So you don't look like you're running away from paying. On the contrary, this approach gives the other party confidence.

■ Collect: you can collect your debts in one place by consulting your bank. Consumer loans are now being restructured for up to 60 months.

■ Decision moment: if there is something you can sell in cases where the debt is not closed (house, car, share, land etc.)) feel free to sell. Go back to the smaller house, cut costs. Reduce your life for a while.

CONCEAL

● Some of them can not sleep because they owe 300 liras, some of them do not care if they owe a million liras. It's important to know yourself.

● Do not hide if you owe it. Talk to your family about it sincerely.

● Don't make life for yourself, don't go home. Even if you have a limited budget, eat out and go on holiday.

● Do not say ‘I can't do this job’. Create additional income opportunities.

● Consider not two but three times as a guarantor .

● Pay attention to the dates .  “What happens in a day or two?” don't say anymore.

BEWARE OF USING CREDIT!

● What will you withdraw the loan for?

● How much credit will you receive? Decide from the beginning.

● Take more than you need and do not pay extra interest to waste .

● If this is really a need, compare the interest rates of banks involved in the cost. Nowadays the need for loan is 50 percent of the annual (including the cost) interest, remember.

● The amount of repayment of the loan should not exceed one third of your income, so keep your head comfortable on the pillow at night.