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I am a new mom without a job. How to pay off my credit card bills

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Hi! Can you suggest a few ways to repay my credit card bills. I lost my job in March. My first baby came in May 2020. My debt amount is not huge. It is around $300 every month. But with holidays approaching, it is becoming quite difficult to manage everything. If I don’t pay off my credit card debt, will my debt amount go up along with my interest? Please let me know.

I think you're meaning that you have to pay $300 for your cc bills every month. Is it the minimum payment?
Your debt amount will definitely increase if you don;t repay your credit card debt.
If you can't repay the amount in full, you can opt for settlement. If you need complete professuonal guidance, you can opt for a credit card debt settlement program and get rid of debts by paying less than what you owe.

Sub: #1 posted on Thu, 12/03/2020 - 03:04

Mabelle Page Mabelle Page

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Hi Jassemine! Yes, of course if you fail to repay your credit card debt, it will turn into a huge amount due to high-interest rates and late fees. Also, the creditors can sue you in court due to continuous non payment of debt. So, the best way to avoid these complications is to pay off your debt. You can discuss your financial situation with your creditors. They might offer you some repayment assistance as most of us are struggling with our finances due to the pandemic. If you don't get any assistance from your creditors, feel free to call 800-DEBT-913 for any debt related problems.

Sub: #2 posted on Thu, 12/10/2020 - 22:35

Craigh.terry Craigh.terry

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I know it is tough to manage credit card bills and holiday shopping at the same time. But even then I would say that you should skip holiday shopping this year due to the pandemic. The pandemic remains unabated. So, we don't know when everything will get back to normal. So, my suggestion is that you focus on your credit card bills. Otherwise, you can apply for a hardship program too.

Sub: #3 posted on Wed, 12/16/2020 - 03:40

David Martin David Martin

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