A 24 Month Plan to Pay Your Expensive Debts

September 14, 2016 tips financial tips debt consolidation payroll loans personal loans Duoplex personal finance healthy finance Top performance p2p lending mexico loans from person to person loans Mexico online loans Mexico personal loans regulation

There is no doubt that sometimes we can not avoid debts, no matter how much planning we have in our finances, sometimes unexpected situations occur that make us leave our financial plans and unfortunately many times the banks make it difficult for us to end this debt soon.

The most important thing is not to despair and analyze all the available options. The first thing you should do is make a general analysis of your finances, from your fixed expenses, the variables, your savings capacity and the cuts you can make.

Here we present this action plan for you to finish your expensive debts in 24 months.

  1. Analyze your debt

    Analyze your debt Make accounts and collect your total amount of debt, this operation should be considered with the total interest until when you have planned to pay off your debt. Also in this analysis you should consider if there is any sanction for paying your debt in advance, keep in mind that there are banks that handle it.

  2. Do accounts

    Do accounts Once you have this considered start to analyze how many months and what is the total amount per month that you will contribute to your debt. Consider all your fixed expenses.
    Without a doubt here Duoplex is your best option to consolidate your expensive debts, for example, you can save a lot of money with an average annual rate of 18%, the lowest in Mexico.

  3. Cut unnecessary expenses

    Cut unnecessary expenses

  4. So you do not run out of money to pay your debts, make your annual budgets and cut the expenses you think necessary.
  5. Do not stop saving.

    Do not stop saving.

  6. Since you have a premium service like Duoplex considers saving the money you are saving in paying your debt, it is not difficult, you just have to assign it as if you were still going to pay the debt and do not touch it during those two years.

Once you finish with your debt it is time to consider investing the saved; Duoplex is also your best option to lend your money and thus receive excellent returns.

The most important thing when you are facing your debts is not to fall into despair, do not stop making your punctual payments, always be a good payer so that you can enjoy premium services like Duoplex.

We hope that these tips will help you finish your expensive debts sooner.