Even though I’m well aware of this issue, I seem to keep stumbling over the same problem over and over again: expired credit and accumulated debts. So this time, I decided I’ll try somewhat of a new approach to reduce credit card debt; I’m going out and get myself some appropriate credit card counseling and try to come up with a good action plan. Heck, if that’s what it takes I’ll even join a group of credit shopers anonymous, if such thing even exists. But I’m going to do something about this problem and sort it out once and for all. And if you’re facing similar problems, I advise you to stand up for yourself and mend your bad credit issues!

Even though I’m well aware of this issue, I seem to keep stumbling over the same problem over and over again: expired credit and accumulated debts. So this time, I decided I’ll try somewhat of a new approach to reduce credit card debt; I’m going out and get myself some appropriate credit card counseling and try to come up with a good action plan. Heck, if that’s what it takes I’ll even join a group of credit shopers anonymous, if such thing even exists. But I’m going to do something about this problem and sort it out once and for all. And if you’re facing similar problems, I advise you to stand up for yourself and mend your bad credit issues!

So, if case you’re curious about this kind of thing, I’ll sketch a quick rundown: IVA, also known as Individual Voluntary Arrangement, is an agreement between creditors and debtors. This kind of settlement is (obviously) of legal binding, and it’s used when people have no other way of paying off their debts. In other words, it’s the European term for Debt Settlement, and I’m wondering just how similar the processes are. So, maybe one of you international readers would care to shed some light on this issue? I mean, the way things are going these days, you never know when you’ll be forced to flee to Europe, and it’s always nice to have some kind of a backup plan. Right?

Truth be told, I must admit I’m no better, since I owe more money to the bank that I’ll probably be able to repay in the next couple of years. Regardless, I’m quite grateful I was wise enough not to bury myself in debt, like some people I know. I still have valid credit (which I really don’t plan to use, unless I’m faced with some irrevocable life-or-death emergency), and I’m holding steady to my tech assistance day job… which is grossly underpaid and unnerving, but all the while provides me with the vital cash flow that makes me through the monthly bills. Granted, I currently don’t have much money to spend on frivolities… but that’s mostly because I’m still paying off my past indulgences. All the while I’m still better off than most of my close friends, so I’d like to make it clear I’m really not complaining, here.

If you can relate with these kind of troubles (I guess nowadays about 90% of Americans certainly can), here’s my word of advice: do whatever it takes to get into a comfortable zone. Even if you have to give up on your pleasures and vices and live a frivolous life for a year or two… just make sure you keep your debts from piling up. And when you succeed doing so, know it’s only half the battle: then you’ll have to figure out a way to actually clear your debts (a good Debt Consolidation program might help). Just don’t stand there waiting for better days, and above all, don’t keep spending money you don’t have: say no to credit!

Truth be told, I must admit I’m no better, since I owe more money to the bank that I’ll probably be able to repay in the next couple of years. Regardless, I’m quite grateful I was wise enough not to bury myself in debt, like some people I know. I still have valid credit (which I really don’t plan to use, unless I’m faced with some irrevocable life-or-death emergency), and I’m holding steady to my tech assistance day job… which is grossly underpaid and unnerving, but all the while provides me with the vital cash flow that makes me through the monthly bills. Granted, I currently don’t have much money to spend on frivolities… but that’s mostly because I’m still paying off my past indulgences. All the while I’m still better off than most of my close friends, so I’d like to make it clear I’m really not complaining, here.

If you can relate with these kind of troubles (I guess nowadays about 90% of Americans certainly can), here’s my word of advice: do whatever it takes to get into a comfortable zone. Even if you have to give up on your pleasures and vices and live a frivolous life for a year or two… just make sure you keep your debts from piling up. And when you succeed doing so, know it’s only half the battle: then you’ll have to figure out a way to actually clear your debts (a good Debt Consolidation program might help). Just don’t stand there waiting for better days, and above all, don’t keep spending money you don’t have: say no to credit!

This website I’m showcasing today is a comprehensive resource for developing strategies that will allow you to consolidate credit card debt. You might think there’s not much you can do about your debts other than paying up, but provided you get properly informed and research some credit card debt advice, there might be shortcuts that will help you get back in control of your finances.

Just remember, if you really want to tackle your credit issues, there are two important things you should keep in mind. First and foremost, you should make a resolution to work actively towards finding your way out of debt; second, you should find the right strategies that will help you succeed. It’s all about information and will power: you should focus on solutions rather than problems!