To find the answer to relieving your debt problem isn’t always that easy as it depends what type of debt you have and how much money it is, but there are ways to work through it. If you have a problem with paying accounts and people, or if you are blacklisted, you could also go for something like consolidation finance, which means you take out a loan that you use to pay off all your debt. It may seem pointless making a loan to pay off debt, but it actually makes a lot of sense; this way, you don’t owe money to a whole bunch of people, you don’t get numerous phone calls a day reminding you of the debt, all you have is a loan that you pay off once a month until it is finished.
Consolidation loans are widely available and they are used very often when you need to find the answer to relieving your debt problem. Another option that many people are going for these days is debt review. This is when you let a debt review company take over all your debts for you, and you have nothing to do with your creditors. The company will negotiate with your creditors so that you pay a lower installment every month and all you do is pay the debt review company a certain amount each month. So for example, you pay your debt review company a total of R3000 a month and this will cover all your debt as well as their commission. You get no phone calls from anyone you owe money to and they are not allowed to take legal action against you either.
Of course the amount you pay when you are under debt review will depend on how much money you owe, but it will definitely be considerably less than you are paying now on all your debts put together. There are options available to you to find the answer to relieving your money troubles, you just have to take the first step to get there.