Comments on: Consumer Tips for Settling Your Credit Card Debt

By: Debt Management UK

Debt Management UK — Thu, 15 Jul 2010 09:10:49 +0000

When I was young I just spent, spent, spent. This caused me to to get into a lot of debt. My credit rating is rubbish, I cannot get a loan or a credit card.
The good news though is that NOW I save up for what I want. If I can’t afford it —- Then I don’t have it. Simple!!!
If Only I learnt this in my early years!!!

By: National Debt Relief Program

National Debt Relief Program — Thu, 01 Jul 2010 20:54:53 +0000

Settling credit card debt is good, however us girls must learn to spend less on plastic and live within our means.

By: Rhode Island Bankruptcy Lawyer

Rhode Island Bankruptcy Lawyer — Thu, 03 Jun 2010 18:12:04 +0000

Most of my bankruptcy clients here in Rhode Island found that the credit card companies were unwilling to restructure the debt. If you are presently current, they are often unwilling to offer you any reduction in payment or interest. Not until you approach 90 days late, do they start offereing alternatives. Bottom line: bankruptcy should be part of the discussion if you have more than $ 10,000 worth of unsecured debt (credit cards, utilities, and medical bills). Unless you can get all of your creditors to cooperate and allow repayment in 3 years or less, you should talk to a bankruptcy attorney who can at least explain to you all of your options under the law. A bankruptcy attorney will explain the pro and cons of debt settlement, debt repayment and bankruptcy. Only then can you make the best decision on how to handle your debt problems.

By: Smith

Smith — Sun, 17 Jan 2010 12:41:09 +0000

I agree with you…

thank you for your great information

By: Smith

Smith — Sat, 16 Jan 2010 13:35:06 +0000

your article is very good,,, thank you so much

By: Tom

Tom — Wed, 11 Nov 2009 17:14:47 +0000

As time goes by, businesses’ financial needs change and some business owners find themselves in positions where their expenses have begun to overcome their income and achieving small business debt relief seems an impossible task.

By: Tom

Tom — Mon, 14 Sep 2009 14:34:20 +0000

I am totally agree that talking to the card issuers about rate can be helpful if you are facing some tough debt problem.Credit card debt is becoming increasingly common in people.they can request the issuer to lower their debt rates.

By: Annie

Annie — Thu, 20 Aug 2009 22:05:54 +0000

I agree that negotiating with your banks or credit card companies if you are facing financial difficulties and have fallen behind on payments is a better way to do. You may request for lower interest rates in order to save some cost.

By: rsscctv

rsscctv — Tue, 14 Jul 2009 07:06:05 +0000

It’s a informative post.Thanks for this kind of great post. I totally agree with mary. people should talk with their credit card company.for that they can get some money than no money.And the credit card debt is increasing very quickly. I think the common people can get more benefit from this post.

By: Mary

Mary — Fri, 26 Jun 2009 15:30:22 +0000

You provided a lot of useful solutions. I think the best thing anyone can do it talk with their credit card company. They won’t know you are in a bind unless you mention it to them. They would rather get some money than no money. Credit card debt is becoming increasingly common as more people try to manage through this tough economy. Hopefully it will all turn around soon.

- Mary