too many credit card bills and I can not catch up! Should I jsut get a personal loan to consolidate?

Answer 1

Cut up those cards, they are killing you. The interest rates will blow you away.

I would do this. I would take one card and pay it completely off. That way they won't charge you interest on new purchases you make during the month. That will save you money. Don't charge anymore on the other cards. If you can get a secured loan on some other assets you have, then pay off the cards Do this only if the new loan rate will be lower than the exsisting rates you are paying. Pay down the card with the highest interest rate first. Just common sense.

Good luck to you for trying to pay what you owe, instead of looking for a way to get out of it. We need more like you.

Answer 2

1

Answer 3

I did that and kept my cards... big mistake because I kept using the cards, such a dumbass!
I actually wish, though, that I had just consolidated onto a card with a zero interest for a year because I'm paying a lot in interest for my loan.

Answer 4

Yes and cut the cards up. Your credit will rise by simply paying off all of your cards.

Answer 5

You can also bring in extra cash easily by checking these websites out. They are really worth it, because they actually pay, and it is free to sign up. The extra cash could be used to pay off those pesky credit cards!

Answer 6

forget those ideas... instead of finding out why you should skip it (the hard way)

just get a bankruptcy lawyer and talk to them about this.

you have many options, don't take out more money to pay on money! big mistake.

i filed for bankruptcy years ago, best thing i ever did.

break out the yellow pages or start researching for lawyers in your area online.