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Cant figure a way out!

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PostPosted: Tue Nov 18, 2008 3:04 pm Subject: Cant figure a way out!

Over $100,000 in credit card debt over the years, me an my wife make good salaries, but we cant get a foot in the door to try and get out. It is like we are running a circle and can not get a step to get out of the debt. Call banks to get one loan or try to get a credit card company to take all the credit card debt and see how they would make money off a larger amount and us paying them back, but nothing. Point of we have no clue as to what to do and there is no help from any direction that we are looking.

Thanks for any info!

kyleallred



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PostPosted: Tue Nov 18, 2008 11:35 pm Subject:

I think credit card debt consolidation will be a good option for you. You can get the following benefits: -

phoenix - comment
You can also go through the different debt solutions available to you in the following page: -
Debt Solutions - 3 steps and 5 ways to do it

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PostPosted: Wed Nov 19, 2008 10:26 am Subject:

I would look into a debt management Plan with a 501(c)3 non-profit credit counseling company. They can get you one payment but at much lower interest rates "usually around 6%-10%".
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