Debt Solution
Date: Fri, 09/22/2006 - 19:19
I have Debt!
$10,000 7 months deliquent (1 card)
$15,000 currently open and paid on time (barely).
Own a home(1 year) and bought while credit was still fair(600+ score). But now drowning because of high morgage payments. Make enough to pay my bills if it wasn't for the outrageous interest I'm paying. What can I do? Equity Loan, debt consolidation / Collecttion? Want to pay one amount around $600 a month and payoff my debt within 5 years. Solutions???
$10,000 7 months deliquent (1 card)
$15,000 currently open and paid on time (barely).
Own a home(1 year) and bought while credit was still fair(600+ score). But now drowning because of high morgage payments. Make enough to pay my bills if it wasn't for the outrageous interest I'm paying. What can I do? Equity Loan, debt consolidation / Collecttion? Want to pay one amount around $600 a month and payoff my debt within 5 years. Solutions???
Hi troy Talk to a debt counselor about this. Take his assista
Hi troy
Talk to a debt counselor about this. Take his assistance on how to become debt free. He will analyze your income and expenses and frame your payment plan that sounds good to you. Consolidation will be a good choice, especially when you want to combine all your bills into one. The interest rates are also kept lower in the program. The creditors mostly accept the proposals from the consolidation companies. Give a try. Your credit history will also improve after the accounts are shown as "paid". You will bag the best credit offers with good credit scores.
