buried in dept

Did you call your credit card companies and explain your problems. You need to get some extensions by the company and put the situation under control. Call the company first. They may be willing to work with your arrangements.

In case, you can't fix this problem, take debt counseling. A trained counselor will work out to your requirements.

Also, if you are worried about creditors taking all the money out of your bank account, I'd close it and open a new one.

I have about 7500 in credit card debt with really high interest rates. I am fairly young so Im trying to get on my feet I just got a good job. Just graduated from college. Problem is I pay 300 a month but the interest is so Its not going anywhere. I have tried to consolidate but bank of america says they wont approve me cause the accounts are too close to being maxed out but I want to consolidate to one payment and get out of these interest rates I have never really had credit problems what should I do?

Have you considered a dmp?? If they are a good company (be sure to check em out first), then they should be able to help you out with gettig the interest lowered. Are you in default or are they current??

Roger,

First of all, welcome to the forum. Since you are registered, a debt counselor will be contacting you shortly, who will be able to advise you of your options and also recommend a debt management company for you. You have a lot of things going for you, the fact that you're still young, are a college graduate and have a good job. You'll get on track in no time! Good luck. We're here if you need anything.

Are your cc payments already in default?? If they are, you might want to try to find a GOOD dmp..If they are current, don't get enrolled in one of them though.