High Debt to Income Ratio
Date: Fri, 12/03/2010 - 13:06
My credit score is excellent , I have no negative info on my credit report, and I am current on all bills, however, I am juggling and starting to get in over my head due to loss of income. How do I handle this? Credit card companies aren't interested in cooperating. I tried getting a consolidation loan but due to income coming from self-employment have been rejected.
Just quit paying. Save the money you have so you can settle and
Just quit paying. Save the money you have so you can settle and close the accounts, beginning when you are about 120 days late. They will not help you much until that point because they still believe their best chance to get all of your money is to pressure you to continue paying.
