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Debtconsolidationcare.com - the USA consumer forum

what is best course of action

Date: Fri, 09/28/2007 - 17:03

Submitted by anonymous
on Fri, 09/28/2007 - 17:03

Posts: 202330 Credits: [Donate]

Total Replies: 4


I have almost about 15K in credit card debt and a personal loan for 5K. And I have 2 credit cards I haven't paid on 3 months. I had unexpected debt last year that ate up my savings and caused me to be late on several credit card payments. I am now paying the minimum on each credit card(except for the 2 previously mentioned), but I'm not making any headway...my credit score is in the tank. 523 last time I checked (last month). I have a house, but I've only owned for 3 years, not much equity yet.

I have no problem paying my debt, but it will take forever at this rate. Not sure what course of action would be best for my situation.

Any direction would be appreciated.