how much credit cards debts do you owe?

Question

I am depressed. I own about 13,000 and I am only 26.

Answer 1

debt consolidation

if someone wants to get out of debt today it is pretty easy with a debt consolidation plan
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,

a good place to start in my humble opinion is:

http://umgarticles.atspace.com/debt-consolidation.htm

Answer 2

Take it easy with the depression. Let me ask you a question ? How much money do you think a new high flying company owes ? Do you think Yahoo is debt free ? Sun Microsystems ?

If I were your creditor, I would be impressed, or not impressed with how you handle what you owe. If you owe nothing, I would not consider you a good prospective customer if I were a bank.

You need to keep a tight hold on your funds and pay this money off, makes you look pretty good at 27 or 28 if you can do this !
Quit going out to eat so much, whatever you have to do ! If ever you can't pay, go by, see the creditor, or at least write, explain what you are going through, make yourself totally available by telephone at home. Keep it away from work until you get it worked out !

Answer 3

I feel really bad for you. You need to get this under control and fast or you will end up paying back double of that amount in interest. Is some of this education expense?, I hope so. You need to read some of Suzie Ormans books and/or go onto Oprah.com and participate in the debt diet. It is when I read posts like these that I am so blessed that I was brought up to not use charge cards. My parents believed in paying for what they bought, and so do I. Do not be depressed, stand up and make this the time to make a change...for the better. You can feel better than most people your age, I believe the average amount owed on charge cards for a person your age in the United States is 60,000. Please get some help, it will be a huge weight off of your shoulders, then your depression will go away. Best of luck to you. Have a good night.

Answer 4

I don't own credit cards and your problem is why I don't..You have a spending habit beyond how much money you have to pay them back.once you get it all paid DO NOT HAVE ANYMORE CREDIT CARDS!! you are only 26 and your credit will most likely be ruined. I only pay with money what I want. Keeps it honest and me from being as you are.

Answer 5

Zero. I'm sixty-four and my wife is sixty-seven. We paid off 30,000 dollars or more twice, mostly credit cards. The second time we cut them up and threw them away, then canceled our accounts. We've been without credit cards for more than twenty years. If we don't have the cash, we don't buy it. It's that simple. On credit, you buy what you want and pay for it later. You sell your future. Buying cash, you're paying with past earnings which have been saved and your future is yours to do with as you wish.

Think about it.

Answer 6

i use mine every day. 5% cash back at grocery stores drug stores and gas stations and 1% everywere else got back 954.00 last year.I owe nothing 100,000 credit line. and i used to be like you.get help there are lots of places 13,000 sounds like alot but you can get it payed off.

Answer 7

I owe about 1200.

Answer 8

$23,000 and I'm 24. Don't feel too bad, this just means there was a good reason for getting a job besides supporting a drug habit.

Answer 9

I do not believe in credit cards, it's cash or nothing, maybe a check

Answer 10

I owe about 80.00 on my card is all