Are you in debt, it seems like most people are, any advice ?

United States
January 14, 2007 5:33pm CST
Do you see a solution to this ? I'm in debt and my credit is destroyed, I'm a full-time student and I work full-time, but it only covers my bills, I really want to get back on track. I owe about $10,000 on credit cards which I know longer can use, but I want to fix it. Any advice ? Any one in this type of situation. I'm 25 with no children and I'd eventually (soon) like to own my own home.
1 person likes this
4 responses
@classy56 (2882)
• United States
14 Jan 07
you need to call your credit card company an work with them on a payment plan.most of them will work with you if you are honest with them.take your tax refund an pay on your credit card if you get any refund.take they money you get from mylot an make a small payment.thats is better than a none payment
• United States
15 Jan 07
Great suggestion about the mylot small payment, you're right, it's better than nothing !!
1 person likes this
@cutepenguin (6448)
• Canada
15 Jan 07
Are you able to make your minimum payments? What I have been doing, just to make my payments count for a bit more, is to pay them a few days earlier. The interest on credit cards is calculated daily, so I figure I save a few cents in interest by paying early. Whenever possible, I round up my minimum payment to the next ten. And if I have a bit of extra money, I send it in, too. Every little bit helps.
@raympe6 (181)
• Canada
14 Jan 07
Well, who is not in debt? Some are probably worst off than you. I can only offer you to look at this site and see how I can help you. Please get back to me if you like what you see. http://raymonde.72hours2success.com
@xXmeganxX (4422)
14 Jan 07
you should seek help from your local citizens advice bureau about your debt, the offer free impartial advice and can write letters to your creditors on your behalf and request that you pay your creditors the minimum payment each mo0nth which can be as low as £1, they do offer a great and quickly/easy service, plus it's all free. good luck with what you decide on doing and hope this helps! :)