Id like to lower my credit card bills.......need a website that covers depths around 750$.......thanks i know the real way to pay it is to work ur *** off.but times r hard now
2007-10-23 13:09:10 · 6 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
With a low debt as that, just stop spending money on your credit cards for things like McDonalds, Pizza Hut etc etc etc... and you should be able to eliminate that debt in 6 months or less....
2007-10-27 12:51:12 · answer #1 · answered by I Can Count To Potato 7 · 0⤊ 0⤋
Keep paying the minimum until times get better. A long time ago I once tried to negotiate with them and it failed. You are at their mercy pretty much. You can try to get a lower interest rate but don't be upset if they just laugh at you. I don't know why they aren't more accommodating because nine times out of ten the debt goes into default and they get nothing.
Try to apply for a no interest for "x" number of months credit card and that may buy you some time by transferring the debt until your situation improves.
2007-10-23 13:29:32 · answer #2 · answered by Veritas et Aequitas () 7 · 0⤊ 0⤋
I'm not real sure what you are asking. Are trying to lower your interest rate or your minimum payment? Or are you just trying to pay off the credit card?
Best way to deal with credit cards is to pay them off. First, set up a budget. Eliminate all the extras -- cell phone, eating out, new clothes, etc. Put every penny you can squeeze out of that budget on the highest interest rate credit card, while making minimum payments on the rest. When the highest rate is paid off, move to the next.
If you only have $750 in credit card debt, you should be able to pay that off in 6 months to a year.
You could come up with ways to make extra cash and pay it off even faster -- collect alum cans, have a garage sale, get a second job -- pizza delivery has flexible hours.
Once you get the credit cards paid off, only charge what you can afford to pay in full each month. Save all that interest and stay out of debt.
2007-10-23 14:00:57 · answer #3 · answered by bdancer222 7 · 0⤊ 0⤋
If you haven't been late or missed any payments there's a good chance you can call customer service and simply ask for a lower interest rate. For info on getting yourself out of debt check out Dave Ramsey: http://www.daveramsey.com
2007-10-23 13:19:16 · answer #4 · answered by Anonymous · 0⤊ 0⤋
How about Negotiating with your creditors? That program let you pay only 55% of what you owe and i am positive that will help a lot!
You can always email me or call me for more info, i work part time for such company
2007-10-23 13:20:32 · answer #5 · answered by Thats_me 3 · 0⤊ 2⤋
This is a good site to check out
http://www.prosper.com/
You will have to borrow the minimum of $1000 in order to get the loan approved however.
2007-10-23 13:27:40 · answer #6 · answered by Bbopper08 2 · 0⤊ 1⤋