Archive for January, 2010
should i do debt consolidation or declare bankruptcy?
Shane asked:
I have a large amount of credit card debt and I’m having trouble with wanting to declare bankruptcy because of it. Mainly because i don’t want that bankruptcy stigma over my head for 10yrs. Also I cant really afford the amount monthly that some debt places have given me. Advice?
Vertie Servin
I have a large amount of credit card debt and I’m having trouble with wanting to declare bankruptcy because of it. Mainly because i don’t want that bankruptcy stigma over my head for 10yrs. Also I cant really afford the amount monthly that some debt places have given me. Advice?
Vertie Servin
I signed up with a debt Consolidation company. One of my credit card company’s says no deal-I must still pay
crazyrnot asked:
The minimum payment of 2.15% of the outstanding balance. Well of course I cant that’s why I am doing the debt managment. So in other words unless I pay them what they want per month they wont accept payment is what I was told. Do I have any recourse? Because the only other option is to just not pay them.
Florinda Muether
The minimum payment of 2.15% of the outstanding balance. Well of course I cant that’s why I am doing the debt managment. So in other words unless I pay them what they want per month they wont accept payment is what I was told. Do I have any recourse? Because the only other option is to just not pay them.
Florinda Muether
What should I do to handle my debt? Loans? Consolidation?
Askepios asked:
Ok so im about $6500 in debt. I have a credit score of 696 the last time I checked but recently have had a very bad run of jobs. I am now with a GREAT company (Alltel) and bring home about $2000-$3000 depending on sales. But right now im at the point to where I cannot keep up with my credit card bill, loans and unpaid debts. I need to try and get all of my bills (About 10) into 1 easy payment. Over maybe a couple years time. (Not including car payment or insurance.)
Ok so im about $6500 in debt. I have a credit score of 696 the last time I checked but recently have had a very bad run of jobs. I am now with a GREAT company (Alltel) and bring home about $2000-$3000 depending on sales. But right now im at the point to where I cannot keep up with my credit card bill, loans and unpaid debts. I need to try and get all of my bills (About 10) into 1 easy payment. Over maybe a couple years time. (Not including car payment or insurance.)
I was considering debt consolidation but then was told that my credit will be ruined and I definitely dont want that to happen but I may if theres no other alternative.
If I look into bank loans where should I try? I have a credit score of 696 but cant even get a department store credit card.
Craig Harsch
Question about debt consolidation interest rate?
•·÷£a InølvÏÐå(3£ë÷·• [ asked:
Okay lets say I owe money to a bank and I can’t pay the interest rate they are charging me. So I contact a debt consolidation company to help me reduce my interest.
Okay lets say I owe money to a bank and I can’t pay the interest rate they are charging me. So I contact a debt consolidation company to help me reduce my interest.
If this happens…..It reduce the amount of money I’m paying; true..But as it would extend the time ; I will owe more money because of the interest? Or stay the same?
Belva Ferriter









