Sometimes your debt is so massive that you cringe and get a sinking feeling in your stomach at thought of even checking your credit card bill. You can no longer afford payment on your debt with your current income and all the balance transfers in the world won’t make a difference in the amount of debt you owe.
That is when you need to start thinking outside the box about how you are approaching the debt problem. All is not lost. If you are in a dire situation that is similar to what I have just described, here are some creative ways to pay off your debt: [Read more…]