what should i do?

April 5, 2012 11:50am CST
I am employee who has very small production while the debt to the bank more than my income. But i also had charges from the other people who owe me. Just that the person is verry difficult to find.
2 responses
@WakeUpKitty (8694)
• Netherlands
5 Apr 12
Ask yourself how it comes you have more debts as income. If you don't have more income to pay off you have to spend less. It's the only way. Also you have to be active and ask your money back (though I would not count on that most people are not willing or able to pay back, if so that person would already have done that). So make a plan how to spend less and write it down, stick to it and look at your end goal. No debts anymore. Might be hard but you already used your loan to spend on ...
5 Apr 12
my first problem is to borrow money the bank was not for me, i'm just a borrowers only. instead the money was used by someone else.
• Canada
5 Apr 12
I think that you should talk to your bank and see if anything can be worked out with them in terms of repayment of your loan. Also, it is importan that you try and manage your finances better so that you do not have to face this situation again. You should try and manage your spendings within your income limit and not borrow money you would not be able to pay later. So, maybe you can try and cut back on your expenses that aren't necessary...