Updated on: 26 April 2023
Published on: 5 March 2021
Falling behind isn’t a pleasant experience, especially if it’s falling behind on bills. Late bills can be extremely stressful and as everybody understands – they can spring up due to several reasons. That’s no excuse though, as defaults can easily mean non-availability of a vital service.
Fret not, the EarlySalary team designed this step-wise guide on how you can catch up on late bills.
Sorting bills on the order of priority should be the first step you take in your quest towards catching up on late bills.
Once you’ve sorted your bills based on priority, you’ll naturally be able to understand what bills you can avoid in the future. It is crucial to understand the difference between need and want.
A relatively easy solution, given the plethora of options we have for us today. This next step is to find ways to generate additional revenue. You might find a temporary job or gig for a while or could opt for some overtime to earn additional income.
Talking to creditors: Once you have implemented any of these choices, you might want to call on your creditors.
The final step is to execute your plans. While planning is essential, it is even more crucial to ensure that the execution is on point.
Cutting up on expenditure and taking up extra gigs might not be our first choice of thing to do, however, these steps are certainly important to help us catch up on late bills.
With a little help from Fibe (Formerly EarlySalary), catching up on late bills won’t be very difficult. Get your utility bills and last-minute rent payments paid up with help of Fibe’s products. You can get instant cash loans up to Rs 5,00,000 for a tenure of up to 24 months. It comes with zero prepayment charge and you will get your loan amount transferred directly to your bank account.
Download the Fibe app here, or log in to our website and be a part of the #OneSmallStep experience.
Category : Instant Cash Loan
Need cash? Get up to ₹5 lacs instantly