I never really thought about this before, but apparently January is one of the busiest months for debt helplines. I guess Christmas and all the expense of the holidays pushes people over the edge financially and they discover, once the bills start pouring in, in January that they are deeply in debt.

This, of course, is not a good situation to find yourself in, but there are companies out there that can help. One of them is Loanwize, the sponsor of this post. Their site is chock full of information about personal loans, and the many other types of loans that one could get, depending upon their needs and circumstances.

You might think about consolidating all of your bills and acquiring a loan to pay them off. One payment a month is far better than juggling 5 or more angry businesses that constantly call you seeking their money when you get into debt. If you own your home you might think about getting secured loans, as the interest rate on a secured loan is often a little lower than other types of loans. I suppose it would depend upon how much equity you have in your home as to how well that might work for you.

Another way that you might pay off your bills and get out of debt might be to take out second mortgages on your homes, or perhaps get a line of credit to pay off the bills you owe, and then concentrate on just paying off what you borrowed on the line of credit.

There are solutions when you fall into financial troubles. Seek help before you get too stressed and before the problem worsens.