Dealing with debt
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Step 4: Still more going out than in?
If you spend more than your income, can you make savings anywhere? Or can you get an extra part-time job for a while?
Step 5: Talk to your creditors:
- Don't make an offer you can't afford. A small but regular payment is better than no payment at all, or one you can't keep up;
- Deal with priority debts first;
- If the first person you speak to in the creditor's office is unhelpful, be persistent and go higher up;
- Keep copies of all letters you send each company and their replies;
- You must try to stick to any agreement made about reduced payments.
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