How to pay debts and not get dirty name

According to the SPC, more than 40% of the adult population is indebted, that is, more than 63.4 million Brazilians. Half of these families claim that they really can not afford to pay their debts. Criticism at

A frightening amount compared to other countries. And worse, that number grows every year. What is the reason for so much defaults in Brazil?

Unfortunately, the Brazilian culture is one of the factors for so many debts. The availability of installments of commerce provides the possibility to have now, which in fact, can not be paid.

This causes the illusion that in the future it will be able to eliminate the debt, which in fact, is a mistake, since the “Brazilian way” is no longer solving.

There is a myth circulating for a long time that after 5 years the debt “expires”. What happens is that after that time she prescribes in SPC / SERASA.

But your name will remain dirty in the bank or directly in the establishment, that is, the debt continues. So the most effective way to clean the name is by paying. Then enough of a headache, keep reading and find out how to get rid of debt once and for all:

How to settle your debts?


First of all, decide to pay. Get ready psychologically for that. Debt repayment requires a mental change, since it is no use paying everything to get into debt again.

Unfortunately, this is the case with most people, who, despite being able to pay, can not get rid of this vicious cycle.

Many people believe that they can live in debt and that it is normal. However, it can be a choice, just as it will require sacrifices, which will later result in gigantic rewards.

If you really want to get out of debt, you will have to postpone a present comfort for future comfort. The difference is that the planned comfort is much more consistent and better than now.

For example, suppose you are in debt, and instead of saving that “leftover” money, you decide to travel to the beach at the end of the week.

But if you decide to pay everything you owe first, with the money left over, you can plan to stay up to a month on the beach or make a dream trip. And the best, no headache for so-and-so or cyclane duty.



Planning is the key word for paying off debts.

Once you decide to pay, you need to know how much you owe and for whom. Do a survey of all your debts. Use tables, lists or applications that are usually very efficient.

The important thing is to know the size of the trouble and what the fees are. Do not skip this step, it is from it that you will have notion of what measures will be needed to solve the problem.

Set your monthly budget and how much money you can separate uniquely to pay off the debts.

In this way, you will keep your essential bills (food, water, electricity, telephone) up to date and knowing the monthly amount you will use to pay the debts, you will also be able to define the time that will be made.

Extra Income

The biggest problem of who decided to pay is how to pay. With so many other accounts, where to pack money? The solution is simple: create an extra income. That’s it! There is no secret formula. Take advantage of opportunities like overtime at work.

However, there are many other alternatives to make money. Reselling catalog products, being a consultant, doing crafts or cooking, creating blogs or websites on the internet, motoboy are just a few examples.

There are a multitude of things you can do in the open hours or weekends. After all, time is money.

Another very important tip: sell things that no longer serve you. Advertise in sales channels. It may be that your house is crammed with stuff you saved on promotions like Black Friday just because it was cheap. Understand that it is money stopped and you need to reach a bigger goal.



There are those who say that the criterion for choosing the first account to pay is the percentage of interest. If you owe a high interest financial it is best to pay first because the value goes up a lot.

Others argue that the best way is to pay smaller bills first because they have similarly small fees that are quicker to pay.

In fact, it depends a lot on each situation, so use the method that fits you best. But do not delay. Set some time to pay off all the debts so as not to lose focus and fall into the temptation to buy more.

Swap expensive debt for the cheapest. Banks, financial institutions and other institutions buy your debt for a lower rate, so research hard before you start paying.

Also, as part of the strategy, after setting values ​​and extra income, avoid using credit cards.

You can turn a bigger snowball. Instead of doing that weekend tour, save the money in a savings for an emergency, thus avoiding more debt.


Negotiation is indispensable for the benefit of both parties.

The timing of the negotiation is crucial. No one will guess that you’ve finally decided to pay, so take initiative and go. Know that you also need to repay all that debt debt with interest, and only you to decide what is the best way to pay. When the bank does this automatically it tends to be absurd.

But if you offer a generous monthly amount, the interest rates fall and the amount of installments as well, reducing the time it will take to pay off the debt.

That’s true, too, for that friend who lent you money for that emergency or for the grocery store in the neighborhood that you owe for some time and still did not give satisfaction.

The negotiation will show the lender that you are interested in paying, and as it is much more in receiving, it can help you giving you a discount on interest or even exempting you from them.

Trade with everyone and do not promise what you can not keep. If you can not afford the pharmacy now, tell us when you will be able to do so through your planning. Give credence to your word.

That way, when you need any of these segments, they will be available with great proposals.

Now that you’ve learned it’s time to put it into practice. No more postponement to avoid further damage. Plan to rebuild yourself financially and go back to sleep well without nightmares!