2006-08-16 12:59:08 · 17 answers · asked by Rj 3 in Business & Finance ➔ Personal Finance
check these link, then decide what you want to do, they might even get you to change your mind!
see the FAQ on the first link down but really there's plenty of advice throughout if you have time to read:
http://credit-cards.ebookorama.com
http://finance.ebookorama.com
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
good luck!
if it helps please remember me cheers
2006-08-19 15:10:56 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Usually the best way it to pay off. if you owe large amounts of credit card debts most of them and financial institutions too will give you large discounts to settle. But under no circustances give them a check over the telephone or debit card check as they will take your money and give you nothning nut the entire amount due at once. you would have to get a lawyer to have them send a certified lette rstating their offers and go from there or their lawyers and them will screw you good. Other than that there is bankruptcy. If the amount owed is too large foryou to ever pay than bankruptcy may be best. It's rough now for a working stiff to go the bankruptcy route as it's been changed and favors the ulter rich. most banks and credit cards will go alone with you on payments to keep form losing it all but finance companies will eat you alive.
2006-08-16 20:49:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Start by getting rid of extras. Make your drinks to take with you. No stopping at the convenience store. Do not buy anything extra. Make a list, stick to it. Cut out newspaper and magazine prescriptions. Cut up your credit cards. Start with the one you owe the least amount on, pay the minium, the finance charge, and a extra 5 dollars. Pay it off then go to the next one. Cut your cable to basic cable. Cook at home. Take walks when you feel like spending.
2006-08-16 20:12:56 · answer #3 · answered by hello 4 · 0⤊ 0⤋
I think these articles are the ones that you are looking for:
Debt Consolidation - Get Out Of Debt
http://www.askaquery.com/Answers/qn1643.html
How to Hire a Debt Counselor?
http://www.askaquery.com/Answers/qn1584.html
What is Debt Relief?
http://www.askaquery.com/Answers/qn1583.html
Debt Management and Building Wealth
http://www.askaquery.com/Answers/qn1581
How to lower your debts?
http://www.askaquery.com/Answers/qn1576.html
2006-08-17 05:59:00 · answer #4 · answered by zinga l 1 · 0⤊ 0⤋
We paid over 20k in cc debt and don't have any cc debt for over 2 years now. We pay cash (or use our debit card) To find out more tips to getting out of debt http://www.budgetdial.com/news-Jan0105.htm
2006-08-16 20:17:47 · answer #5 · answered by T O 3 · 0⤊ 0⤋
Pay off your debt
2006-08-16 20:05:25 · answer #6 · answered by Joe P 4 · 0⤊ 0⤋
Try reading Dave Ramsey's "Total Money Makeover" It really made me want to get out of debt.
2006-08-16 20:05:32 · answer #7 · answered by mlc24_1980 3 · 0⤊ 0⤋
there i s many debt consultation out there
there is some that don't charge
try this program this is great for every one
TRANSFORMING DEBT INTO WEALTH
by John Cummuta
good luck
www.johncummuta.com
2006-08-16 20:06:11 · answer #8 · answered by salsa 4 · 0⤊ 0⤋
Stop shopping and spend less than you make.Get a second job at a diner or restaurant this will help lower your food costs.Cut up credit cards and pay off high interest cards first.
2006-08-16 20:24:17 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Never roll over a debt.
Live within your means.
Recognize that images on tv are just that. Run from thoughts that you need to imitate people who spend a lot of money on worthless things.
2006-08-16 20:41:25 · answer #10 · answered by Anonymous · 0⤊ 0⤋
Without any more information, the only useful answers you can get, here are the ones that tell you to "pay it off."
2006-08-16 20:06:23 · answer #11 · answered by Vince M 7 · 0⤊ 0⤋