Please help.. Credit debt, collectors.. should I consolidate

It usually happens to a majority of us that the credit card debt keeps on accumulating and before we are able to realize it, we carry a debt load that is far beyond our means.

As it has happened in your case, you should take immediate positive steps to knock down the debt as quickly as possible.

debt consolidation program will be helpful to you as it is one of the most efficient ways to reduce the amount of interest you pay by shopping around for a better rate and having the balance transferred over. This program will help you in saving thousands of dollars during the program.

If you do not contribute anything to your account, then the creditors will feel the need to take necessary action against you. Be assured that the payments that you make in the debt consolidation program will be much lower than those that you make to your creditors directly.

So debt consolidation will fairly be a better choice at this point because it will result in significant improvement in your credit file.

Okay so should I just phone the number I got in the email when I signed up for this site??

You need not to worry because the system will send your contact information to the debt consolidation company operating in your area. The consultant from that company will get in touch with you at the earliest. It usually takes 24 hrs to 48 hrs after your signing up with this site.

Okay cool.. just anxious to get the ball rolling it's eating me up knowing I have bad credit.. not much to fall back on if I were to become ill.

You should read these threads to know the ways of how to repair bad credit

http://forums.debtcc.com/forums/about2617.html

http://forums.debtcc.com/forums/about2829.html

Keep posting and stay well :D

Thanks for the links!

Nice to see some good come out of some financial problems that seem unbearable :o

Trust me, you will also find yourself in a better financial shape after you have repaired your credit file. :D

Yea it was a huge mistake for me to get into this problem..

I virtually have 0 assests (atleast in my name) no saved money over $1500, I'm 24yrs old and I have no inheritance or a job.

I need to do something about that NOW before it gets so out of hand I can't help myself.

I could be on the street so easy if my dad wasn't helping me.. If he were to get sick or have an accident I'd be truly out of luck unless I can find decent work outside my garage mechanic/handy man side jobs.

Anyway thanks for all the support/info/guidance. It's already helped my stress level and pointed me a path I didn't have just this morning..

More good news I got my test results.. I scored a 33 on my ACT qualified for the michigan competitive scholarship fund and I'm enrolled at a university! :D That will really help out with the bills also!

Heartiest congratulations on your enrollment in the university. I sincerely prey for a better world for you. :D