i applied for a personal loan but i was denied, i really need $300 to pay off my credit cards, im stressing over it everyday and i just cant focus on my school or work or social life because of it PLEASE HELP
2007-02-12 05:53:30 · 6 answers · asked by Anonymous in Business & Finance ➔ Credit
If you cannot get a lower interest rate loan here is what to do.
1. Cut up credit card so you are not tempted to charge more
2. Only make the minimum payment every month. This is usually 5%. On $300 you're talking $15.00. I'm not quite sure if you mean $3000 or $300, as both amount are here. On $3,000 the min payment would be $150.00.
3. Stop stressing over it. Act rather than react. If the payment is only 15.00, that's nothing. If it is 150.00 and you cannot pay then see #4
4. Call the credit card company and make payment arrangements with them. This shows them that you are willing to pay, you just need renegotiating.
5. Whatever you decide, GET RID OF THE CREDIT CARD
Good Luck. Take deep breaths, walk if you have to, but don't stress over it. You will manage if you think of proactive ways to deal with it.
2007-02-12 06:07:58 · answer #1 · answered by Anonymous · 1⤊ 0⤋
How about getting a job? It wont take much work to make 300$ to pay the cards off...
In reality, 3000$ is not much debt if you have income.. if you are in school and dont have income, you should get a part time job, or loan from a friend so you can pay the cards. Then dont use them until you get more of a steady income.
2007-02-12 06:23:56 · answer #2 · answered by Anonymous · 0⤊ 1⤋
Take a DEEP Breath or two. No one can hurt you, unless you allow them to hurt you :)
2007-02-12 14:35:09 · answer #3 · answered by vicci 2 · 0⤊ 0⤋
Get a job or maybe donate blood and sperm(if your a man)?
2007-02-12 06:01:14 · answer #4 · answered by b c 3 · 0⤊ 0⤋
If u r comfortable working at computer...
2007-02-12 06:34:27 · answer #5 · answered by Lets Share Together 2 · 0⤊ 0⤋
Too bad. must suck to be you.
2007-02-12 06:02:32 · answer #6 · answered by steve_spackle 2 · 0⤊ 1⤋