21000 in credit card debt
Date: Thu, 11/12/2009 - 18:06
ineed help i have between 5 cards 21000 in credit card debt. one card is for a golf cart and will be paid off in 34 months at 159.00 a month at a fixed rate... and the other 4 are around 16k worth of high intrest rate credit cards..... what can i do to help paying these off. well debt consolidation ruin my credit? i have yet to bounce on payments but i don't want to do it. when i first got my house we took out a home equity loan so that won't be an option with the housing market.. i want to stay far away from bankruptcy.... i just want to pay these off and have no problems
Any kind of debt management program would affect in your credit
Any kind of debt management program would affect in your credit score but it'd still be a better alternative than drowning in debt. Credit score would heal with time and practice.
Have you tried negotiating the rate with the creditors? If you are still current on your bills you may try this option. It'd cause minimum damage to your report.
You may check with the DIY section to learn more about your options.
