New to this Forum and looking for help!!!!!
Date: Wed, 05/23/2007 - 19:03
Ok, moving on to my situation. I'm a college student graduating in august(with student loans to pay back 6 mos. after graduation--you guys know the deal) Anyway,I charged a business venture on my credit card ($2,500 something like that), and things didnt going as planned. I got behind on my payments, then it got turned over to the collection folk who now call me everyday like 7-8 times a day. I got the guts to call them back yesterday pretending to be a relative on my behalf( I'm that desperate!) and they wanted me to give them a settlement amount which i dont have. The bill is up to $4,170 b/c of interest. I also have a $635 phone bill that is in collection. I want to be debt free and I am willing to do what it takes. I have no idea where to begin. What's the deal with this debt consolidation? I'm a working college student, and I can afford to pay a monthly fee to get the bills down. Is consolidation the way to? Does joining a debt management Program negatively one's credit report? Someone please help me!!!!!! I dont even know where to begin with this!
debt consolidation may have a negative impact on your credit rep
debt consolidation may have a negative impact on your credit report but to be honest if you are already that far behind, your credit isn't all that great at this point and the best thing to do is to get back on track and this may be your best option.
First off welcome, and I think someone will be contacting you ab
First off welcome, and I think someone will be contacting you about your options in debt consolidation. If they're calling a lot and it's getting annoying you can request they only contact you through mail, that way you don't have to "be a relative on your behalf". I know the longer the debt goes the more it will cost, and eventually the more they will want to settle, however thats not always a good idea. If you could try and make a payment plan with them maybe they would go for that?
where do I begin with debt consolidation? I'm pretty green behin
where do I begin with debt consolidation? I'm pretty green behind the ears on this subject. Are there any "newbie" threads on this forum with FAQ's or something?
do collection agencies do payment plans? When I mentioned it to
do collection agencies do payment plans? When I mentioned it to them, they were like no, they need settlement amounts
Also, can I give the debt consolidation people more than the req
Also, can I give the debt consolidation people more than the required amount as far as re-payment? Why do some of them say you have to commit 3-5 years? What if it doesnt take that long to pay it off?
Faster you pay it off the better, but if you could pay more then
Faster you pay it off the better, but if you could pay more then what you say, why not pay it off entirely, or offer a good settlement.
I want to work with Consumer credit counseling Services? Where d
I want to work with Consumer credit counseling Services? Where do i go to find information about them?
Surely somebody knows something about this. Is CCCS a national c
Surely somebody knows something about this. Is CCCS a national company or what? I'm lost. :(
I'm not sure if I would go with cccs. I checked into them and th
I'm not sure if I would go with cccs. I checked into them and they were very costly at the time. I think you can do better. Have you thought about getting a free consultation here?
Hello mustgetfree, Congrats on taking the first steps! Have y
Hello mustgetfree,
Congrats on taking the first steps! Have you registered for a free consultation here, on this website? I got a call two days after I registered, and we got my consolidation plan going right away... :D