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Posted: Sat Sep 16, 2006 1:25 pm Subject: Help/What would you do? |
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Dh and I have unsecured CC debt of $50,000
A mortgage of $250,000
and a mini van payment of $550 a month
At the moment we are current on everything,but that will end soon,we are really strapped with the high payments on the high interest CC's
What would you do?(we are a family of 6)
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Mea2
Guest

Debtcc Points: 100
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Posted: Sat Sep 16, 2006 2:12 pm Subject: |
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Mea
Consolidation will sound to be a better choice at this stage. You don't have to be on default with your accounts in order to get started. The interest rates that you are paying now will be reduced to a much affordable rate. All the bills will get combined into one monthly payment plan so that you don't miss any of the payments. Register here http://www.debtconsolidationcare.com/ and someone will call you to discuss about your repayments. This counseling is free.
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Christina

Joined: 13 Jul 2006
Posts: 443
Debtcc Points: 6429
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Posted: Sat Sep 16, 2006 10:40 pm Subject: |
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I would consolidate your $50,000 in debt.
And I would also move into something smaller to cut costs. You need to escape that mortgage if you can't pay for it. Some sacrifices have to be made.
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benjaminz6
Moderator

Joined: 10 Mar 2005
Posts: 270
Debtcc Points: 10361
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