2006-06-25 03:53:02 · 14 answers · asked by L B 1 in Business & Finance ➔ Credit
Call the credit card company and tell them your situation. Close the card, too, so you won't charge any more.
You don't want bad credit; it will only spiral down from there, marring your reputation and your ability to make larger purchases in the future.
2006-06-25 03:56:41 · answer #1 · answered by shoppingontherun 4 · 0⤊ 0⤋
Just make a call to your credit card company and explain your situation. The credit card wants to be paid so they will lower your payment. This may hurt your credit but I think it would be best before you get further behind. Also, stop using the card, or you will continue to have financial problems. I hope you will take this advice because it will help. Good Luck!
2006-06-25 11:03:09 · answer #2 · answered by Caesar 4 · 0⤊ 0⤋
You have some choices.
Not pay and wait for the next Bill and pay the late charges.
Pay whatever you can, even if, it less than the minimum.
Call the Company and ask to speak with a Credit Counselor and tell them your situation and ask what you should do.
2006-06-25 10:58:33 · answer #3 · answered by Snaglefritz 7 · 0⤊ 0⤋
You should check to see if you have a credit protection account on your card...when you received your card...you should have received information on "grace periods" and unemployment insurance...My mastercard will pay my minimum balance for several months while I'm out of work...for instance...if not..consider a personal loan...or worst case scenario...open a new credit card and transfer your balance...which I don't recommend...you can really screw up your rate...but late payments on your credit can be truly damaging..
2006-06-25 10:57:29 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Call the credit card company and explain the situation and ask for an extension, most likely they will work something out with you!
2006-06-25 12:13:21 · answer #5 · answered by depakotediva 2 · 0⤊ 0⤋
Call the credit card company and work something out. It shows you are willing to take responsibility. Also don't use it again until you have it paid off. You do that it won't reflect too bad on your credit score.
2006-06-25 10:57:51 · answer #6 · answered by T C 2 · 0⤊ 0⤋
Call the credit card company and work it out!
Or..rob Peter to pay Paul!
2006-06-25 10:56:56 · answer #7 · answered by *ღ♥۩ THEMIS ۩♥ღ* 6 · 0⤊ 0⤋
You should of thought of this before you borrowed the money.....
I suggest you learn your lesson by accepting your worthiness as a 'Bad Credit' consumer and pay as high as fee as possible for the next 7-10 years.
2006-06-25 12:21:11 · answer #8 · answered by -* 4 · 0⤊ 0⤋
Call the credit card company, and explain your circumstances. Many times they will work with you. If you don't contact them, they will send you to collections. good luck.
2006-06-25 11:02:07 · answer #9 · answered by mightymite1957 7 · 0⤊ 0⤋
pay what you can or pay nothing.either way the balance will just remain and continue to have interest added.
2006-06-25 10:57:22 · answer #10 · answered by Anonymous · 0⤊ 0⤋