Debt Consolidation Care Answers
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Have big time debt, will debt consolidation help?  

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I have about 3 credit cards that exceed $30,000. icon_sad.gif Is there a realitic solution to manage this debt and get out of debt.

Thanks,
westsign2
 

asked Apr 5, 2005 05:35 PM

westsign2
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Quote:

Originally Posted by westsign2
I have about 3 credit cards that exceed $30,000. icon_sad.gif Is there a realitic solution to manage this debt and get out of debt.

Thanks,
westsign2


First thing you should do is cut up the cards and stop using them. Secondly you need to budget more wisely and reign in the spending. These are the first steps you should take if you actually want to see your payments have an effect on your huge debts. Otherwise trying to pay this bill off would be similar to trying to catch a moving target.

answered Apr 18, 2005 09:37 AM

3 Answers

6

Hi westsign2 ,

You wrote


Quote:

I have about 3 credit cards that exceed $30,000. Sad Is there a realitic solution to manage this debt and get out of debt.


I think if you can minimise your expenditure on your credit card then you can definitely get rid of your credit card debts.
Start the process by cutting down on your expenditure and try to make some more dollars through an alternative source of income.Be regular in your payments & soon your debts will be gone.

All the best
Lastresort

answered Apr 19, 2005 04:33 AM

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Yes with consolidation you can be free of your credit card debts, no matter how much you owe, thats why we all are here aren't we? .

Justme

answered Apr 6, 2005 03:42 PM

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Hi westsign2

I am sure that you will agree with what benjaminz6 has said and of course you can express yourself over here in the forums if you face any difficulties.

Regards
Roxette

answered Apr 18, 2005 12:54 PM

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