5000 in credit card debt - cant afford to pay HELP
Date: Tue, 06/21/2011 - 20:45
Hello,
I currently owe 5300 in credit card debt - 3600 which is now in the hands of Richard Boudreau firm and i realistically CAN NOT afford to make any of these payments. I lost my full time job and only make about 600 dollars a month while attending school. I havent made payments on these accounts for about 2.5 years...what is my best course of action??
I currently owe 5300 in credit card debt - 3600 which is now in the hands of Richard Boudreau firm and i realistically CAN NOT afford to make any of these payments. I lost my full time job and only make about 600 dollars a month while attending school. I havent made payments on these accounts for about 2.5 years...what is my best course of action??
Hi! Welcome to the Forums! If you can't realistically pay off
Hi!
Welcome to the Forums!
If you can't realistically pay off the full amount, then you should try to settle the debt. Explain your financial situation to them and try to settle the debt. You can also work out a payment plan with them. On the other hand, you should try to get a full time job. This will help you repay debt easily.