3. Prioritise your debt

Updated: May 20


Assess which outgoings are completely necessary. Your debts should of course come first, followed by any bills, direct debits, and standing orders. Focus on paying off your priority debts (such as council tax), whilst paying off the interest and minimum amounts on your credit cards and loans.


Once you’ve cleared your priority debts, don’t start splurging. Instead, increase your monthly payments towards your other debts and watch them clear one by one.

13 views2 comments

HEAD OFFICE ADDRESS
Dukes Court

7 Newcastle Street

Stone

Staffordshire

ST15 8JT

CONTACT US

 

info@dukeslimited.co.uk

01785 825 500

 

  • Facebook
  • Twitter