Unemployed Student needing help or a step in the right direction
Date: Fri, 12/04/2009 - 14:49
I was a fool and thought it would be smart to open three credit card accounts with companies like sony, twice.. and best buy now i'm unemployed and im having trouble being able to make the payments on the Items that I got through them, I dont know what to do, im scared because now they are sending me letters and calling my cellphone and transfered one of my accounts to a claim group, and I cant find a Job where I am at, Its horrifying being 25 and not being able to go back to school because you dont have the money and you cant find any available jobs that fit what you know how to do and everyones hiring for experienced people.. I'm honestly scared for once and I dont know what to do, what might be the best decision for what I should do?
There isn't much that can be done since you indeed owe the debt
There isn't much that can be done since you indeed owe the debts. Try to set up a payment plan with them to pay off the loans.
Best buy and Sony might decide to take away the items that you have bought against the card and resale for compensation. But even in that case you would be responsible for any amount if the article gets sold for less value. IMO it'd be better if you can negotiate a comfortable plan with them.
