Posted on
November 25, 2009
at
2:02 am
What's a good Payment Plan for Credit Cards that are overdue? i am needing of solutions to get my debts taken care of, and fast!
Posted on
November 25, 2009
at
2:33 am
my bill collectors offered me a low-interest payment plan for my credit cards... they said i didn't have to pay for late fees for 9 mos and my iterest would be lowered down... what they didn't tell me is that eveyrhing would to back to normal after the program was over.... it is very disappointing and now i have to pay a lot more... i shouldn't have worked with them in the first place...
Posted on
November 25, 2009
at
2:53 am
Hellenici, I'm sorry to hear about that. Have you contacted your creditor regarding this payment plan for credit cards that you were offered?Qwertyasdf: It depends on how much credit card debt that you have currently. Different approaches work best with your current financial situation, also.
Posted on
November 25, 2009
at
3:28 am
Right. The best payment plan for credit cards may either be one of the ff:Debt settlement - if you have $10k or higher credit card debt and these accounts are in delq stattus.Credit counseling - if you have a lower debt amount and wish to have lowered interest rates.
Posted on
November 25, 2009
at
3:34 am
If you also want to know more about the best payment plan for credit cards--- just log on to DestroyDebt.com and fill out a form there. You'll be matched with a qualified provider there for free.
Posted on
November 26, 2009
at
4:43 am
what are the terms in a credit counseling payment plan for credit cards?
Posted on
November 26, 2009
at
5:02 am
what are the terms in a credit counseling payment plan for credit cards?There aren't specific terms, really--but what you will be doing if you're enrolled in a debt management plan is make one payment to your credit counseling agency. They in turn will distribute small payments to your creditors, as a means of paying off your accounts little by little. All in all the process takes five years to complete.Hope that answers your question.
Posted on
November 27, 2009
at
1:31 am
In also choosing credit counseling DMP's as a payment plan for credit cards, your interest rates would be reduced to 15% and you stand a chance to not be charged with any fees.
Posted on
November 27, 2009
at
3:08 am
In the process of using this payment plan for credit cards, your accounts may also go current.
