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I want to make offer to my credit card companies t

Date: Mon, 03/14/2011 - 19:27

Submitted by franckie b real
on Mon, 03/14/2011 - 19:27

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Total Replies: 1


I want to make offer to my credit card companies to reduce my debt, reduce the interest, and get a forbearance of several months before starting to pay them back. I am planning to stop paying then and writing letters telling them that i will begin paying those who work with me.

I just lost my job. Even before that, I reached the point where I owed more a month than i earned.

Is this the right approach?