Debt Success Stories

Debt doesn’t have to ruin our lives; it doesn’t have to mortgage our futures for the sake of the here-and-now. And it doesn’t have to come back. Ever. Sometimes there are happy endings. Sometimes there are debt success stories. You’ll find debt success stories everywhere. Take a look around our site; follow some links; you’ll find testimonials from debt free ex debtors and, most importantly, you’ll find hope.

We’re not going to repeat the stories here. Instead, let’s look at the common denominators. What are the things that have made the difference? What are the factors that have helped people beat debt? Let’s find out…

These stories end the same: in triumph; in people like you and me getting out of debt for good. But they usually start the same too: in fear. Almost everyone that’s ever been in debt will admit to feeling that they’re never going to get out of it. But almost everyone who’s beaten debt will know that, first and foremost, they had to accept the reality of their situation. That’s the hardest part for most. And while we can’t exactly claim that anything that follows is easy, it is at least easier for having made the first step.

Part of accepting your situation is working out exactly what your debt is – no punches pulled. The vast majority of the success stories you’ll read will come from people who’ve taken the time to work through their commitments to all their creditors, added them up, and revealed just what it is that they owe – in real terms. That’s hard. Working out what to do next is even harder. But of all the testimonials you’ll read, almost none of the ex-debtors ever did it alone...

National debt helpline advisors, voluntary bodies, charities, debt management companies and more can help you to tabulate your necessary repayments to essential creditors and apportion any remaining money among the rest on a pro rata distribution basis. If you need help sorting out the legal requirements, or sorting out your figures; they’ll help. If you need help at any stage; they’re there.

Here’s another common factor among ex debtors; they’ve all embraced change. And that’s crucial. Getting out of debt isn’t just about repaying what you owe; it’s about changing long held habits. It’s about making a positive change in your outlook. In practice it could be something as simple as switching your bills to direct debit payments; or it could be something as profound as re-writing your life. Many of the success stories you’ll read are form people looking back on their debt and reflecting on what it was that made them take action. For many of them, it became a watermark moment in their entire life. It wasn’t just the act of clearing their debts, it was the ongoing process of change.

You’ll read plenty about changed spending habits too. For many people, getting out of debt and getting into the black became two separate concerns. For them, the journey didn’t stop when they paid off the last pounds, shillings or pence on their debt; it just moved into a new saving phase. They’ll tell you that it’s not always enough to economize, but that you invest what you save too. That means that every few months you’ll have accumulated a bonus; you can use it to pay off a little bit more, or keep it for emergencies.

Above all, you’ll get the sense that nothing is impossible. And you’ll realize that for every person, there is a way. Whether it’s through a charitable trust or a debt consolidation company; it doesn’t matter. You’ll find what works for you. Of course, the more debt success stories you read, the more ideas you’ll find. Ultimately, it doesn’t matter how many success stories we give you; the biggest success story here should be you. By following the advice we’ve given throughout these pages, it will be you!