Common Challenges
Haruka’s debt has become an overwhelming burden, impacting her daily life and financial stability. The high-interest rates and accumulating penalties exacerbate the situation, making it challenging for her to manage other expenses and plan for the future.
Innovative Solutions
To address these challenges, Haruka can consider consolidating her debt into a single loan with a lower interest rate. This can help reduce her monthly payments and free up cash flow for essential expenses. Additionally, she could explore debt settlement options where creditors agree to accept a lump sum payment that is less than the total amount owed.
