Debt is a major problem for many Americans today. Credit cards, car payments, mortgages, and student loans can pile up and leave you feeling overwhelmed. Vivix Credit Solutions can refer you to a debt specialist who will help you put a dent in that pile of payments. Along with an expert referred to you by Vivix Credit Solutions, there are many things you can do to begin to pay off your debt.

    Know what your debt is. Many people get so overwhelmed by payments that they lose track of how much they owe. Don’t let that happen to you. Knowledge is power and the more you have organized your bills, the better off you will be. Start a list of all of your debts, how much you owe on each of them, what the minimum monthly payments are and what the interest rates are. A debt professional found for you by Vivix Credit Solutions can help you sort through all of your bills and prioritize them.
    Change your lifestyle. While some debt may be of the responsible sort, like student loans, most likely, you have also spent above your means with either credit cards or in your mortgage and car payments. Make a plan to cut back on luxuries in your life. Stop eating out, stay in more often, give up the expensive coffees and haircuts, and learn to be more frugal. You will be amazed at the extra money you can find when you cut back a little.
    Pay with cash. If credit cards are your weakness, stop using them. Make payments with cash and you will begin to realize where your money is going.
    Budget your life. Try to list all your current expenditures to get an idea of how much you are spending in a typical month. To spend less, create a new budget and stick with it. Plan your expenses ahead and you will make fewer impulse purchases.
    Let Vivix Credit Solutions find you a debt professional. Vivix Credit Solutions can refer you to a debt expert who can help you consolidate your payments and come up with a plan to eliminate your debt.
    Make payments. Once you have budgeted and planned, start paying off that debt. Just remember to pay more than just the interest and the minimum payments. It may be tough, but that is the only way to make a dent in the debt. Even if you can only afford a little more than the minimum, that will still help. If you absolutely cannot pay more than the minimum on all your debts at once, start with whichever one has the highest interest rate and get rid of that one first.

Follow some or all of the steps above and you will slowly but surely make your way back to a debt-free life and good credit. Debt can be very stressful, but with a professional found for you by Vivix Credit Solutions and a plan, you can begin to rest easier.