Starting the process
Date: Sun, 03/14/2010 - 21:36
FIA 48
HSBC 32
I stopped paying all of them I just went 30 days anyone have any thoughts on stratigy. Also, am I going to run into problems with a balance tranfer done prior to stoping my payments?
Barry, the strategy would depend on how you want to deal with yo
Barry, the strategy would depend on how you want to deal with your debt problems. Are you planning to handle it by yourself? You can check out the 'do it yourself' for guidance.
Hi Barry, It would be appreciated if you can specify the probl
Hi Barry,
It would be appreciated if you can specify the problem of balance transfer that you said to have fetched.
Are you planning to go for settlements? Well going late for 30 days is not going to be a very big problem but, it can get a hike in your interest rate as the creditors often charge the default rate as a penalty. Along with that if the credit bureaus are notified, it will have a negative impact on your credit score as 35% of the score depends on your payment history.
I am going for settlements on all of them. I had really good cr
I am going for settlements on all of them. I had really good credit up until a month ago. This sucks but I dont have a choice.