I have some debt and i need to get out of it. I am having a baby and i want to reestablish my credit for the future how would i handle this I need serious help. I am okay at saving money but when i got my credit cards a few years ago i went overboard some are in collections =( how do i fix this mess i got myself into.
2006-12-08 10:53:26 · 4 answers · asked by MissYYYY 1 in Business & Finance ➔ Credit
There are some great companies out there please be aware of the pros and cons on each and every program anything you do except pay your creditors 100% will hit your credit for a while. Credit can be rebuilt. . If you have collections you certainly do not want to place them in a program that will charge you more interest then what you have already paid or secure that debt to something when it is unsecured and already has shown on your credit report.
Kourtnie Donihoo
The EDA Group
1 866 605.0753
www.enhanceddebt.com
2006-12-09 05:46:05 · answer #1 · answered by Kourtnie D 4 · 0⤊ 0⤋
Get rid of th ethings you THINK you need.
Examples:
Sat TV
Cable TV
Cell Phone
High Speed Interenet (except where you can get 128K for 30 a month or less.
Move into cheaper rent. IE move from apartment or sell house buy less expensive one..
Buy a car pay cash and get rid of your car payment..
get the picture/?
2006-12-08 18:57:07 · answer #2 · answered by Marshall Lee 4 · 0⤊ 0⤋
Hi. You need a debt consolidation . There are many compnies offering this service.Check the list here. You will find the best one for you,
http://debt-relief-free.blogspot.com/
2006-12-08 23:58:05 · answer #3 · answered by kelly 1 · 0⤊ 0⤋
consolidate all your debts. use cccs at www.moneymanagement.org. they will negotiate your rate to almost nil with your creditors. cut all your current credit cards. use cash only.
2006-12-08 18:56:19 · answer #4 · answered by Anonymous · 0⤊ 0⤋