 Posted: Thu Aug 02, 2007 7:47 pm Subject: Question about credit cards & consolidation |
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I see a lot of people on here recommend calling your credit card company & asking them for help-either by cutting interest rates or working out a payment plan.
My question...I have 2 credit cards I have debt on & I'm behind by one payment. I've been sending in what I can to them, but I'm still not current. Would the credit card companies be willing to work out payment plans or cut rates if you've been sending in money....just not what the minimum is? Or should I not even bother with them & just go with consolidation.
I'd explain my situation to the credit card companies, but I'm afraid they wouldn't listen or after they hear my reasoning they would turn me away. My reason is that I was just being stupid, forgot to pay bills, lived beyond my means. I have a job, but after rent, insurance, car & school loans, I don't have enough for the credit cards & I need help.
Also if you tell the creditors that you cant make the payments & are falling behind and ask them for help & they deny helping you, what will they do next?? My interest rates are already high.
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Margene74
Joined: 02 Aug 2007
Posts: 1
Debtcc Points: 45
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