debt and how to get out of it

South Africa
February 6, 2007 3:21am CST
i have been in debt for the past 6 years i place myself under an administration order 6 years ago only to find myself further in debt than what i was in when i first went under i owed r25000.00 i now owe r67000.00 can you help me find ways in which to get out of it as quickly as possible without having to sink myself further into it.
1 response
@classy56 (2880)
• United States
6 Feb 07
the best way to get out of debt is to get rid of what things put you in debt.{lets say} if you owe $20.000 on a car.the thing to do is to sell it.you didnt mention what anything you are in debt for.so its really hard to tell how to get out of debt.if you owe credit cards,what to do is get a credit card with lower intrest rate an transfer the blance to the lower interest rate card,an than cut up the others credit card.so its hard to say unless i knew more about debt..hope this helped some