Need help for managing my debts.
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I'm 25, and I work in IT, almost 2 years experience.
Salary 38-42k per month.
I've a debt of 500000 including 100000 in CC, and others in Loan Apps. CC 100000 has 2 emi converts 30k and 40k, which I'm paying and duration is 3-4 yrs, for lessea emi. Remaining 40k is rotating everymonth.
Monthly salary only goes for repaying loans.
Like loans are of shorter terms, so pays after I received salary.
Whole salary goes to interest and I retake all loans each month.
I'm kinda going to be messing up, I guess.
No support from any other people.
Main thing I'm looking is to avoid/close these big salary date loan.
Has a cibil or 750+.
No gold or nothing , I'm all alone.
How can I loan free in some 6 months.
Can someone help me.
I was unable to jump to some new openings in a better company and package, because I'll be salary less for some 60-80 days notice.
Can someone help me find a way.