Having debts is not an easy subject to talk about, except when you are immersed in them. Very few people feel confident in expressing themselves openly about their financial issues. On the other hand, not all of our acquaintances with debts, whether credit cards, loans or other financing, are not always interested in resolving the situation.
If you are in the case of advising or seeking help to pay the debts of a relative, co-worker, friend / friend, girlfriend / boyfriend, etc., here are seven ways to support someone with debts:
Many times people do not talk about their financial problems because they do not have enough confidence to communicate. In the opinion of Karen Quilaton, spokesperson for Solve Your Debt, people prefer not to talk about their debts, and it is a topic that they omit without thinking about the emotional consequences that can bring to the relationship as a couple or social relationships. One of the simplest ways for the debtor to tell you about his financial problems is to be empathetic: tell him that you also had debts.
Do not take it to game
Sometimes the debt can come to prescribe after a certain time, however, not in all cases the same thing happens. The debtor and his friend often advise poorly: “Do not pay, nothing happens, I did not pay a debt and they never did anything to me” are the most common comments. This type of advice far from reassuring the person with debts, could increase your problem. Support him by informing him of the consequences of not paying and, if possible, accompanying him in the process to solve the problem.
Do not lend him money
No matter what your friend or loved one may be, do not give him a loan. Why? Do not look for more debt, help saving or looking for a credit repair as Solve your Debt ; The intention is to inform you about how the program works and what benefits it may bring to reconsider your debt or see how to settle. If you give him money, what will happen is that you will be left without a friend or a loved one, as they say: “you want to lose a friend, give him money.”
If you know perfectly well that your partner or partner is in crisis, do not make him spend what little he has. Invite him a dinner, a coffee, the food, even a beer. Tell him that you pay, that when he replenishes himself economically he invites dinner: omitting this type of expenses will make him focus more on saving to pay off his debt and thus heal his economy little by little.
Help him define goals
Iquidating your debts should be as important as finishing a career or losing weight. You must motivate, let him know that he can do it if he works constantly on it. The National Commission for the Protection and Defense of Users of Financial Services recommends having two objectives when liquidating your debts: the first is to concentrate the debts, that is to say: add up all that is due and prioritize, if the debt is unpayable as it is in practically all cases: fix the second objective. Find ways to pay less for your credit; Negotiating the debt can help you forget about the issue as quickly as possible, for that reason there are credit repair companies like Solve your Debt that ends up with a 70% discount.
The debtor feels insecure because at any moment they can get to seize or imprison. Protect him not only by providing support, but also legal or psychological counseling as many people feel powerless when facing an apparently insurmountable crisis, and in the most extreme cases, they could resort to complex resources to alleviate their pain (such as suicide).
There are free financial advisors such as Solve your Debt and help clinics in case these situations arise.
The best way to liquidate the debts of your loved one is by resorting to experts, approaching people who have been supporting others for years. Solve Your Debt is an example of this, it has been nine years alleviating the financial problems of people. Thousands of clients support the restorative that emerged in Mexico City and now has offices in Argentina, Colombia and Spain. Best of all, registration is free and in a matter of minutes you will have the solution that person needs.
So if you are looking for help to pay the debts of a friend or relative, surely with the help of any of these points, you can settle your debts without making things more difficult. It may happen that sometimes you do not know who to turn to to talk about financial problems, but if you are really worried about someone close to you with this type of problem, do not avoid having conversations that could be uncomfortable and that in the end will represent a great relief for all.