Need help to pay the debt at high interest rate
Date: Sat, 11/25/2006 - 10:09
I am in debt. The problem is I can pay off debt but I got behind on a chase card and they shot the interest rate up so high I could not make the payment. I have other debt but I am fine I just got a raise and I am doing better but If I could get this one card under control I would be alright. I am currently at least 45 days behind so what would you do,.
If you enroll in a consolidation plan, the counselor will call y
If you enroll in a consolidation plan, the counselor will call your credit card company and propose a payment plan. He will negotiate for a lower interest rate in the program.
Many people consider this program because of the high interest rates or even when they expect delinquencies on the accounts. As you want to pay the debts at a lower interest rate, the consolidation will be the right choice for you. Other benefits in the program are mentioned in this article. Speak with a counselor for your options.
