Bills, loans, and expenses vary on their urgency to get paid fast, so it is better that you will set your priority of what to pay first if bills keep coming to you. Checking the possible consequences that you will have if you can’t pay the bill or loan yet is a good way to check which you should give priority to paying.
Expenses that cannot be neglected since it will greatly affect you such as water bills, electric or mortgage. If the due date is drawing near you, get more distress if you know that if you didn’t pay the bill, it would mean you will lose the house, or cut off from using the services. Can you live without electricity when it has become a necessity of life today? So the best way is to set prior ity on what to pay first on your bills.
Where can you possibly get fund if your salary is not coming yet?
From doing extra work to get more income, from asking help from family and friends who might be avoiding you already because everytime you see them, you will ask them to borrow you some money, from getting a loan from the bank, from pawning valuable items such as jewelry. Or, you can try short-term loans like personal online loans or payday loans. Let payday loan be your angel this time. I t can save you from having the electric bill cut-off its service and all, plus it is much easier to apply and more convenient since you will no longer in need to fax some documents to them. The urgency of need may put you in some psychological distress, bu t if you know where to get the fast-cash loan, it will save a lot of your worries.
Worse Scenario of Bankruptcy
Having bills coming each month as long as minimal and few can just be alright, but on instances that you are already receiving late payment letters, the least you can do is to ignore it since it will likely to get worse than any better. Asking for an extension may go well for you, but if you fail to secure the extension for payments, it is time you will sort all possible ways to generate cash to pay it.
If you get money but not enough to pay the bills for late payment, the short-term loan can help you to fill the insufficient fund you need, but this is already a bad credit since you are using the short-term loan you apply for them to pay for the late bills. If so, you need to double time your effort so you can repay the loan and balance your expenses.