I have been really trying to pay down my credit cards but no matter what I do it seems they raise the interest and re evaluate my payment every month!!!! My minimums are in the hundreds and it is draining me.
I got turned down by 2 banks on consolidation loans and I am at wits end. I have written to the companies, called, spoke to supervisors. I have good payment history except for 1 or 2 mistakes last year. It is horrible now.
Any advice?
2007-03-19 04:59:49 · 3 answers · asked by Ann 5 in Business & Finance ➔ Credit
Here is a website from the Federal Trade Commission to assist you in choosing a credit counseling service. Maybe you can try again and speak to another supervisor I can tell you from being a customer service rep in a call center sometimes it just all depends on who you get and be pleasant and majority of the time they will help you.
2007-03-19 05:23:29 · answer #1 · answered by candie g 2 · 0⤊ 0⤋
"Credit counseling agency are filled with experts, to help you get out of debt. These agencies have programs which helps to solve the problems.
Debt management programs helps you to prepare a budget which help you to tackle the situation. You make an agreement with the agency to start the process of clearing your debts completely. The counseling agency then negotiates with your lenders, and fix a lower monthly payment. "
2007-03-20 00:44:34 · answer #2 · answered by stone m 2 · 0⤊ 0⤋
Try Consumer Credit Counseling Service. I used them several years ago and they are a life saver. Their service is free and they will help you get lower interest and payments.
2007-03-19 05:18:27 · answer #3 · answered by ? 7 · 0⤊ 0⤋