Please help

The interest rates in the credit card debts are killing. It will keep going up on every default. Paying just the minimum amount will not help, since its already adding up with the late fees. You need to make one big step and negotiate with the creditors.

Explain your situation to the creditors and insist for reducing the interest rates. If you can work out a plan and stick to it, they might offer some benefits in the course of the payment.

Another alternative is debt settlement. Let your account go into default for the next few months. Then, call the credit card companies and let them know that you want to settle the debts. This is the only way you can pay your debts because you were unable to catch up with the interests and high fees. You may seek professional help if you can????????t manage on your own.