The rapid development of the Internet has brought us into the information age. At the same time, we have also entered the era of credit consumption. What is the era of credit consumption? In other words, a lot of our current consumption is based on our credit. As the questioner mentioned, car loans and home loans are consumption guaranteed by your credit.

However, credit consumption will be accompanied by credit overdraft, which means that the actual consumption level will not reach your credit consumption limit. As a result, more and more people will become in debt. So how should we deal with the situation of excessive debt that is about to be overdue? 1. Sort out your debts

As the questioner said, you have too many types of debts, including online loans, credit cards, car loans and home loans. So the first thing you need to do is sort out these debts. For example, if your mortgage and car loan have fixed monthly payments, you can fix them first, and then you can predetermine a monthly repayment amount for credit cards and online loans based on your personal circumstances. Since the interest-free period of a credit card is relatively long, its turnover time is relatively long, so you can give priority to repaying the first three. 2. Swiping your card backwards cannot solve the actual problem

In the short term, swiping your card backwards can indeed solve an urgent need and relieve the pressure of the current shortage of funds, but in fact it does not fundamentally reduce your debt. On the contrary, because you continue to swipe your card backwards, you will incur a lot of interest charges, which actually increases your burden. Therefore, the most practical way is to repay the loan as soon as possible. This is the solution. 3. Increase revenue and reduce expenditure

The most important thing for repayment is to have the funds to return it. Therefore, at this time, you can appropriately lower the requirements for the quality of life to increase revenue and reduce expenditure.

1. Open source

Open source refers to increasing the source of income. In this case, it is best to do a part-time job as a side job in addition to the main job. There are still many side jobs nowadays. For example, if you have a car, you can work part-time as a Didi driver after get off work. Generally speaking, the starting fee will be higher in the evening, which is also a good source of income. In addition, you can also do e-commerce. To open an online store, there are now dedicated outlet artists, which can be completed in more than a hundred dollars. After that, you only need to perform daily maintenance, and it does not take up much time.

2. Saving money

Saving money means reducing the cost of living and accumulating more funds. Therefore, unnecessary living expenses can be reduced. For example, you can smoke less, and cook meals at home instead of eating out. This will not only save money, but also make you healthier.

In summary, repayment is a protracted battle. If you repay slowly, there will always be a day when the debt is paid off. I hope the subject will pay off the debt as soon as possible.

People who have been in debt with various loans are paying back every day. This seems to be the norm for many people who are heavily in debt. This is not the only person who has asked the question. It means that the person in the question is already heavily in debt and needs to reorganize his debt and find a way. Reduce debt expenses, otherwise you will not be far from overdue debt.

1. A lot of handling fees and interest are generated during the repayment process, which are converted into principal and increase the debt burden.

Some of the customers I know who are heavily in debt use credit card POS machines. Every time they swipe, there will be a fee of more than 0.55, which increases over time. Some of them choose to add new loans if they cannot make the monthly payment. To repay the monthly payment of the previous loan is to pay back the old loan with new money, and the cost of obtaining the loan is getting higher and higher, which invisibly increases one's debt burden.

2. Sort out loan types, manage debts, and plan debt restructuring

It is recommended that debtors with heavy debts first tabulate their debts, including the amount, monthly payment, term, loan method, List the interest rate, the amount repaid, the amount to be repaid and the time, and the characteristics of the borrowing method in a table, and have a clear and comprehensive understanding of all aspects of your debts from the amount to the monthly payment, so as to facilitate your planning of debt restructuring.

3. The core of debt restructuring is to reduce monthly expenses: first, the monthly payment is reduced; second, the total debt is reduced.

Many debtors are overburdened because they chose the wrong loan method. For example, they think that credit cards and credit lenders are convenient and easy to apply for, so they apply directly. However, they do not think of the biggest disadvantages of credit cards and credit loans. The term is short, the interest rate is high, the monthly payment pressure is high, and a very strong cash flow is needed to support it. If you encounter this situation, it is best to do it on the premise that your family (you, your spouse, and your immediate family members) have real estate. A mortgage loan, converting a short-term loan into a long-term loan, reducing the cost of monthly payments and interest rates, and exchanging time for debt repayment space will be relatively easy.

Pay attention to repayment techniques to save money. For example, the credit card cycle is 50 days, which means that the best turnover rate in a year is 7.3 times, but many people often have a turnover rate of more than 12 times. Assume that the cost of a 200,000 credit card is 0.55 per time, and the cost of one turnover is 1,100 yuan. If you turnover it less than 5 times, you will save 5,500 yuan. This 5,500 can be used to return the principal, and at the same time, you can save 5,500 yuan in one-year turnover. Fees, debt can be reduced with repayment techniques.

For arrears with daily interest, the best way is to use it as cash backup, put all the working capital in hand for repayment, and then withdraw it when needed. On the one hand, it saves interest, and on the other hand, it saves interest. Change the repayment cycle to avoid the pressure of repayment maturity.

In short, if you think more during the debt restructuring process, make full use of long-term debt with low interest rates, and be good at utilizing cash flow principles, it will not be that difficult to get rid of the debt.

4. The most important thing is to create income. To repay debts, you need to create income to the best of your potential. You can start a business or have a main and side business. Income is the foundation for repaying debts.

The subject is deeply in debt and can no longer wallow in the quagmire of debt. He needs to calm down and clean up. Paying off debt, reducing debt and creating income are fundamental. There is a way out, but you have to sort out how to pay off debt. After the road, the days of being dishonest every day are almost over.

I deeply sympathize with your situation, but don’t feel sorry for yourself, we will get better together!

Similarly, I also have friends like you around me. I have several POS machines, a lot of credit cards, and various online loans. The credit card swiping fees alone are thousands every month. If things go on like this, interest will compound and interest will compound, which is very scary! If you don’t reflect carefully at this time, it will be really difficult to look back! Think about why you are like this? Maybe a home loan and a car loan? Is it possible that the business failed? The next step is to plan how you can settle the account as soon as possible.

Let’s briefly share a few methods, I hope it can be helpful to you: 1. If you have a good project, you can choose to start a business again

Of course, the premise is that we have no principal, and We can’t afford to lose, so we need to find a light asset project to start a business, such as promoting credit cards or POS machines, such as self-media entrepreneurship, etc.

With such a big financial gap, I should be under a lot of pressure. Although I can find a regular job at this time, when can I repay my debt with that fixed salary? Therefore, we must dare to break through ourselves, fight hard, and give it a try! 2. Give full play to your own advantages and look for various business opportunities

Combine your past experience in the industry, do what you are good at, and continue to work hard and strive for excellence. In the 360 ??lines, you will be the best in every line and exist. That is reasonable, there are people who can make money in every industry! The other thing is to keep looking for business opportunities, see what friends around you do to make money, put aside the so-called face, and follow suit and learn from it. 3. Don’t be afraid of hardship, hard work can make you rich

If you don’t have the above two advantages, you can only rely on diligence and hard work to make money, which is the so-called "moving bricks", find more part-time jobs, If you can persevere in taking out food, running errands, and doing micro-business, making 10,000 to 20,000 yuan a month shouldn't be a big problem! 4. Don’t bear it forcefully, share it with your family.

If the amount of debt is too large, don’t bear it forcefully. You won’t be able to bear it, but you will be exhausted physically and mentally. If something happens to your body again, The problem will be even more troublesome! Family members at home can share some of the burden, relatives and friends can provide some support, and you can figure out the rest yourself. Don’t spend money indiscriminately. You don’t have to buy anything that is not necessary. Being frugal is also a form of income.

All in all, you must do what you can, try not to spend too much, and don’t overdraw yourself, otherwise it will be difficult to stop the car once you get stuck! Remember! Remember!