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Help! My credit card interest rates are incredibly high

Date: Mon, 09/11/2006 - 13:11

Submitted by anonymous
on Mon, 09/11/2006 - 13:11

Posts: 202330 Credits: [Donate]

Total Replies: 2


My credit card interest rates are incredibly high (one as high as 38%). I am deliquent on all three accounts. My total unsecured debt is around 12K. Bank of America is 6700, Compass is 3600 and GM Flex Card is 1600. Any help is really needed. I can really only afford payments of $300 at max. However long it needs to take is still going to be faster then what I\'m doing now. Please call me at 512-538-**** after 5:30. Thanks.

Phone number removed for your safety - Mike


Explain your debt situation to the consultant. He can work out something for you with the payments you want to put every month. Keep in mind that after you have started the consolidation plan, give the maximum priority to your payments set in the plan. Don't default in it. The lenders offer some benefits during the program and if they find you defaulting in the payments, all the facilities will be withdrawn in no time. You will achieve many benefits in the plan as long as you are fully dedicated towards it. Go through some articles on debt free and debt solutions and find other options suitable to you.


lrhall41

Submitted by BuildingWealth on Mon, 09/11/2006 - 13:30

( Posts: 491 | Credits: )