I owe almost 70K in credit card debt. I lost my job and simply can not afford it. What cc do? Load out?
I owe reason over 70 K. My husband and I have tried to protect my credit for years, but now I am unemployed and have been for the past 10 months, we can not afford them. If I have to go for therapy of consumer debt, I not only have charged out and start again anyway using only cash. I owe amex 20K, 20K bank america, and some smaller ones. If I kept the little ones, which rises up my rates just because I was behind the others? Trying to get my options straight. The worst scenario is all. Thank you.
I file for bankruptcy if I were you. There is no point in trying to pay if they do not have the money for. Make sure you file under Chapter releasing more debt that makes you pay, without interest. I think it is Chapter 7, but I'm not 100% sure.
I just wanted to know before I have it, is it a scam?, Not dirty credit … Is there something else that works for credit card debt is not a fraud?
Consolidated Credit Counseling Services is a business legitimate. It is an ISO 9001:2000 Standards Organization and has an A + rating with the Better Business Bureau. According to its website, interview you about your situation financial budget to analyze and make recommendations. There really is not a "one-size-fits-all when it comes to resolving debt problems. management program debt would fit if you have high interest rates and are struggling with minimum payments and has not gone too far in their bills. The establishment debt could be an option if you are more than 9 months behind in your bills, your creditors have accused the accounts and debt collectors are knocking at your door. Bankruptcy may be an option if you're so far in the hole that you can not go, however, keep in mind that you probably need a lawyer because it is a process complicated. In addition, according to MyFICO.com, credit counseling does not affect your credit score, so it should not hurt your credit to seek help of them. Resources are included in the Consolidated Credit (including website) and how to spot fraud.
What is the best way out of credit card debt. No consolidation of debt companies really work?
Most business debt consolidation really hurt your credit. Your best bet is to focus on one letter at a time. Pay as much as you can on that card paying only the minimum in the other – and you pay one off payment to add that its lower side until it was worth it.
