Two years ago i lost my job and all hell broke loose with my finance, i couldn't pay my bills anymore so my credit card got charged off, phone got cut off and a few other bills that was placed in collections. I was able to get a job in january of this year and is now trying to fix my problems, but i have no idea where to start. I called the credit card company to make payment arrangements but they said i have to pay it in full and i can't because am not working that much money. I really would like to buy a little condo so my son could have his own room and all, i now learn to drive so i would like to get a car someday also... now it's not possible with a credit score of 450. pleaseeeeeeeeeeeeeeeee somebody what can i do? help me to start clearing this thing up, am only 23yrs old and am a single mom with no family around so it's hard but am trying, i just need some good advice to steer me the right way. if anyone reading this knows of a way or things i can do please let me know thank yu
2007-09-18 13:18:20 · 3 answers · asked by Q 1 in Business & Finance ➔ Credit
Being a single mom has got to be tough. Find a good church to get involved in. Do a Financial study from one of these organizations http://www.crown.org or http://www.daveramsey.com
Try to save up and pay cash for a car. I know its hard.
Be creative! Think BIG! Find other single mom's in the same situation. Y'all will be a good support for each other.
Hang in there! You will make it!
2007-09-18 13:35:52 · answer #1 · answered by Anonymous · 0⤊ 0⤋
There are many credit card companies that offer credit cards for those with bad credit. You may want to apply for one to help your financial situation. By getting a credit card for people with bad credit, you are not only getting the benefit of a credit card, some of them also report to the 3 major credit bureaus which can help improve your credit score. To apply for a credit card for those with bad credit, go to the web site below:
2007-09-18 23:43:32 · answer #2 · answered by cymakk 3 · 0⤊ 0⤋
Check out this site: http://www.nfcc.org/ . This is Consumer Credit Counseling Service (CCCS), a legit non-profit company that offers free credit counseling. They have a debt management program available, if you qualify, for no fee. They can look at your finances and advise you how to proceed.
2007-09-18 20:27:47 · answer #3 · answered by bdancer222 7 · 0⤊ 0⤋