Posted on April 28, 2010 at 1:53 am what is the best way to pay off credit card bills?

Posted on April 28, 2010 at 4:26 am what is the best way to pay off credit card bills?- diy? well, how much do you owe, and what is the status of your account?

Posted on April 28, 2010 at 4:42 am what is the best way to pay off credit card bills?- hi, if you owe $10k or more and your account is past due, it's probably best if you enroll in a debt settlement program, that would help you be debt free in one to three years. The program is all about negotiating your balance down to more or less half, depending of course, on where your account is at. original creditor or collection agency.

Posted on April 28, 2010 at 5:01 am best way to pay off credit card bills? - right, and if however, your balance is less than $10k and you're still current, you may want to ask for your creditor's hardship program. See what they offer. If you want to do it d.i.y., that is, because you can also sign up for a Debt Management Plan, run by credit counseling agency, and they'd be the ones negotiating for you. The program aims to alter your interest rates. The creditor can either agree to freeze it for a time or lower it.

Posted on April 28, 2010 at 5:22 am Right, so what they're saying is you can do either debt settlement or credit counseling - diy or via enrollment/sign up to a debt relief /consolidation company. There's another diy way to pay off your credit card bills, and it's via balance transfer. Here are some questions you can ask your prospective new bank before you transfer - 1. Until when is the introductory rate or how long does it last? 2. What is the card's annual percentage rate after that introductory rate expires? 3. Does that introductory rate apply to transferred balances or just to new ones, or both? 4. Does that card have an annual fee? 5. Do they charge late fees and over-the-limit fees? 6. Are there balance-transfer fees?

Posted on April 28, 2010 at 5:24 am best way to pay off credit card bills?- if you are a senior citizen and youre not worried anymore about your credit standing, the best way for you to pay off your credit card bills would probably to file bankruptcy. see a bankruptcy attorney so you could be counseled accordingly.

Posted on April 28, 2010 at 5:33 am best way to pay off credit card bills? - picking up from very private ryans, if you want to do a diy debt settlement, here are some tips:// If you are not yet past due or behind on your accounts - stop your monthly payments, until you fall behind. Creditors don't  negotiate. They do but do you have 75% of your balance ready to hand over to them? if so, then go ahead.// Brace yourself for the creditor calls - ignore those because in 6 months time , they are required by the law to write off the account, and they usually turn over the account to collection agencies. (you try to settle with them instead of the creditors unless they take legal action against you ...)// Make an offer that you can afford. Start with a very low percentage, lower than 50% and expect it to be refused. You make another one, it might get refused too. The longer your debt sits there, the cheaper its worth become. Take your time.// Tell them you're filing bankruptcy.// If they budge, make sure to get everything in writing before you send in payment.//

Posted on April 28, 2010 at 5:36 am ispydebt said something about being sued or the creditors threatening to sue, if you're doing a diy settlement, it might be hard for you to deal with it, so if you already have received noticed that a legal action is being taken against you, i guess it's better for you to enroll in a debt settlement program. Anyway, if you are looking for a legitimate debt settlement company, destryodebt.com can match you to one for free, just fill out a form here.

Posted on April 28, 2010 at 5:37 am That's quite a handful, and thank you all for your posts. One morequestion, how would I know if a debt settlement company is legitimate?And what is its effect on my credit?

Posted on April 28, 2010 at 5:40 am What to look for in a debt settlement company:::-The settlement company's program must have a fast completion time. 12-36 months.-The program must be able to protect and improve the consumer's credit standing.-Must be a member of the Better Business Bureau, BBB, for at least 5 years.-Must also have a good standing with the Chamber of Commerce-A Member of TASC - The Association Of Settlement Companies and the IAPDA or theInternational Association of Professional Debt Arbitrators