Can Anyone Help Me With This? I Can't Pay The Minimum Payments On My Credit Cards
Posted on October 30, 2009 at 1:22 am
....and that is just so pathetic considering that I've been a longtime user of this but I just got in a really tough bind and I don't know what to do about this! Can anyone tell me what to do?
Posted on October 30, 2009 at 1:57 am
I'm sorry to hear that, paint pastel princess.
Would you mind telling us more about your situation? Do you have any disposable income as of the moment?
Posted on October 30, 2009 at 2:18 am
well like i said i can't pay minimum payments on credit cards. all my income goes towards rent and food and other debts. right now my credit card debt totals to $25000 and i need to know what can be done so i can be able to get all of this paid
Posted on October 30, 2009 at 2:31 am
If you don't mind me asking, what are the "other debts?" Are your accounts in collections now? If your credit cards are in collections and you can't pay the minimum payments on credit cards, what you can do is enroll the account in a debt consolidation option, particularly in debt settlement, so you'd be able to at least start making payments on your loans little by little.
Posted on October 30, 2009 at 2:33 am
Can't pay the minimum payments on credit cards? How about getting a consolidation loan? Is that a good idea?
Posted on October 30, 2009 at 3:06 am
Here's how you can also talk to your creditors if you can't pay the minimum payments on credit cards: http://www.creditcards.com/credit-card-news/what-to-say-when-you-cant-pay-1267.php
Posted on November 3, 2009 at 1:15 am
Can't pay the minimum payments on credit cards? How about getting a consolidation loan? Is that a good idea?Definitely NOT a good idea. Using a debt to pay off another debt is not only unwise, it's also unhealthy. It feeds on the tendency to borrow over and over and over, and doesn't kill the root of the compulsion to borrow.