I am in credit card debt big time! Where do I get help?

Question

I have come upon multiple companies that say they can help with credit card debt, but which ones are the best? I want my good credit back!

Answer 1

visit daveramsey.com to understand ur disease and how not to loss ur live to debt slavery.

Answer 2

If a person has accumulated a large amount of credit card debt due to multiple credit cards, the need for a proper counseling for credit card debt consolidation can't be understated. Credit card debt consolidation counseling helps a person get vital insights into the facts that can help him get control over the credit card debt.

Credit card debt consolidation counselors are experts with a good knowledge of debt management, budgeting and behavioral patterns of credit card holders. These services are vital for those struggling to manage their credit card debts. Also called credit counseling or debt counseling the credit card debt consolidation counseling brings immediate relief to a credit card holder.

A person seeking credit counseling can get it from two types of organizations. The professional or commercial organizations, and the non-profit organizations. As depicted by its name or categorization, the commercial organizations charge money for their credit counseling sessions and consolidation help on the other hand the non-profit organizations offer free of charge services. Just because the non-profit organizations are free, it doesn't undermine their quality of service. The persons associated with such organizations are thorough experts and have lived the trauma of being under credit card debt themselves and hence bring their vital experience to the credit card holder. Read more from: http://www.credit-card-gallery.com/article/353,Credit_card_debt_consolidation_and_credit_counseling_great_tools_to_get_rid_of_credit_card_debt

Answer 3

Credit card debt consolidation adds up all your unpaid balances and converts them into a single payment. This payment is far lesser than each of the individual payments.

When you finalize a plan with a debt consolidation company, the company repays your dues to your creditors. Then you make a single payment to the consolidation company every month. Your average new interest rate is much below the old interest rate.

Answer 4

Go to this site: http://www.nfcc.org/ . You can find a company in your area. These are legit non-profit companies. They offer free credit counseling and have a debt management program available, if you qualify, at no fee.

There are a lot of companies promising debt repair/counseling/consolidation but they take their fees up front and trash your credit.

Answer 5

Dont pay someone to help. You dont need them. EVERY PENNY you have needs to go to attacking this debt, not to some ripoff company that does NOTHING for you.

If you are 6 months or more past due, you can probably settle for less then you owe... probably around 50%. Call them and make deals once you have enough to give them a lump sum. Get any agreement in writing, and do not give them access to draft your checking account.

As for other debts that are current, start paying off the smallest one. Throw every penny you have at it. Get a second job. No more going out to eat... Once it is paid off, start attacking the next debt. (This whole time you are still making minimum payments to ALL debts)

Make a budget on paper and stick to it. Make a plan, stick to it, and get yourself out of debt.

Answer 6

go to and contact daveramsey.com he is genius!! NEVER pay a company to advise you on your debt (you already know) or do what you can do( call and settle with the credit card company yourself).

Answer 7

consumer credit counselor it is a non profit organization thru the united way. you would have to cut up credit cards. good luck.