Paying over $300 per month in just interest fees
Date: Tue, 08/08/2006 - 18:01
Just over a year ago I tried to consolidate some debt but ended up paying over $300 per month in just interest fees! I am looking to consolidate and get ride of some payments by putting things under one larger payment.
My response in another link fits in your situation as well.
My response in another link fits in your situation as well.
Quote:
Credit card companies charge high interest rates. It becomes a problem to many undergoing financial stress. It is at this time many people start defaulting on their bills and add towards late charges. You can't predict how things will shape in the future if it continues like this. Try a consolidation plan that can lower the present interest rates. Also, the debt management company will help you in framing your payment options and other budgeting advice. I think this professional help can be helpful if you care to improve your situation in the future. Get your free quote from the counselor and know your options. |