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A way of getting ahead in your credit repair

Looking at ways of paying your debt, one way that comes to mind is family or friends. If you have family or friends that you think can help by lending you the money needed for paying your debts, consider this an option worth exploring.

How can you pay back the loan thy give you and will they charge you interest and how much and so on. Weigh the various factors and lay it on the table for them.

If they can afford to lend you the money then you might want to go this route and get your debt under control.

I have friends that have gone this route before and all worked just fine. But it has to be clear that this might not be the route for all. Some families have a way of getting into mistrust and it might create a sense of obligation that you would not like. Mixing business and personal finances with family and friends are not always the best solution.

If you can make it yourself without going to family than that would be the route to go. You might be in the situation that you own a home and would want to sell it. Having said that, make sure that you have all information in place for a proper decision. How much do you owe on your home and what is the value of your home and at what state is it, need of repair etc. This way you know what to ask for in a sale and also if you will make enough to pa your debt abd get out of trouble this way.
Do your research.

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