Before making this decision, you need to review whether you have any other options for repaying your debts (
i.e. cutting expenses, creating a budget, consolidating your debt, etc.).
Not exact matches
Look at any unnecessary
expenses (
i.e., entertainment, clothing, eating out, etc.) you can
cut and redirect to your debt payments.
Consider
cutting back on some non-essential
expenses (
i.e., bring lunch to work instead of eating out, make your coffee).