dolphinsurfcafe asked:
All of my credit debt sums up to $5,600.
The largest one in this group is about $1,600.
All of my credit debt sums up to $5,600.
The largest one in this group is about $1,600.
What’s the best way to go about paying this off.
I tried a personal loan and couldn’t get one because of my bad credit history.
Helping People Fix and Maintain Credit
March 31st, 2009 at 7:56 pm
Credit Mechanics
check this site for help, they helped me get a loan to payoff my medical bills
April 1st, 2009 at 9:49 pm
Credit Mechanics
A loan to pay off a loan isn’t going to fix your credit problems.
The best way to pay it off is to take the largest amount with the highest interest rate and pay as much of your income to it every month.
April 4th, 2009 at 7:47 am
Credit Mechanics
There is a way you can negotiate with the companies to settle for much less than what you owe.
They will gladly accept 50% if you have cash on hand to pay within 1 week.
Note: they will not settle for less than your purchases, they will only remove late fees, and some interest charges.
There is a great book at the bookstores called
credit repair for dummies
it’s not for dummies – it tells you exactly what steps to take and how to talk to the creditors.
google debt consolidation complaint
it will open your eyes as to what they really do.
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April 4th, 2009 at 6:37 pm
CreditMechanics.com
A personal loan does not pay off debt. It just moves it from one institution to another. You have to change the habits that got you into this mess in the first place. That involves living within your means. You need to reduce your spending and/or increase your income. And use the savings to pay down your debt.
April 7th, 2009 at 3:59 am
Helping People Fix and Maintain Credit
Chapter 13 Bankruptcy reorganization… It will allow you to change the terms of your debt… Such as bring down interest rates… etc.
April 9th, 2009 at 6:11 pm
Credit Mechanics
you should really look into a loan consolidation service, I know you don’t want to, but they really can help you and get your credit score back up to where you need it. It is totally worth it!!
April 9th, 2009 at 11:59 pm
Credit Mechanics
Hey,
there is the good news: it’s possible you can get out of debt. However there is bad news too: you have to make immediate, significant changes to your lifestyle to become debt free. You can’t keep doing exactly what you’ve been doing and expect things to get better.
You probably need some help. Check out the link below. That helped me to pay down my debt.
April 12th, 2009 at 8:15 pm
Helping People Fix and Maintain Credit
This extensive course and guide is well worth it for all the money saving and debt repair information it provides.
Being proactive is the key and arming yourself with information.