Being in debt can weigh on your mind like nothing else. It creates problems that you may not be expecting, such an inability to move, switch jobs, or locate new housing if your credit has been damaged by late payments. In other words, debt can be isolating. However, that’s why you should seek credit card debt settlement in New York and be proactive. Century First Credit Solutions is a company with a track record that can help. We’re experts in this area, and can get you on the road to financial stability so you can sleep again at night. Give us a call at (855) 796-1861 right now to talk to a professional today.
1. Stop Using Your Credit Cards
It seems simple and obvious, but many people continue to use their credit cards even when they’re well into debt. Although you may need the use of a credit card if you live paycheck to paycheck, it’s easy to use it for things you don’t really need. If you can stop using your credit cards altogether, do so. Cut them up and forget they exist, except for emergencies. Plan out your payments in advance and try to do everything in your power to avoid using credit for purchases if possible.
2. Settle Your Debt
This is where we come in. First, you need to know your options when it comes to settling and negotiating your debt. Usually, you’ll be put on some kind of adjusted payment program once you’re enrolled in one of our plans, and we will deal directly with your creditors. Settling your debt yields a much wider array of options than you might first realize, and it takes the stressful ordeal of trying to pay many individual bills per month away.
3. Use Only Cash for Purchases
If you can avoid using cards of any kind, even your debit card, do so. Using cash exclusively helps to eliminate unnecessary costs like ATM fees, and also keeps exactly how much money you have in a tangible place. Counting out cash, rather than letting it simply sit as an electronic balance, can help people who have bad spending habits.
4. Live Within Your Means
It’s undeniable that New York City is one of the most expensive places in the world to live, and that many people use credit cards to simply survive. However, cutting out expenses that aren’t necessary is essential if you’re really serious about getting out of debt.
There’s no quick fix for getting out of debt, but there are faster ways than grappling with payments and unpaid debts for years and years. By contacting us, you’re taking the first proactive step in dealing with your debt.