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Archive for Debt Reduction

Jun
08

What to do with credit card debt??

Posted by: savemoney | Comments (5)

I have a about $8,500.00 credit card debt. I can’t afford to pay the minimums anymore and was thinking about contacting a debt relief company that will negotiate with credit card companies for me, during the negotiations I don’t pay the credit cards should I pursue this option or should I just go with partial [...]

Categories : Debt Reduction
Comments (5)

Over the past years and due to certain circumstances, we have a lot of credit card debt – approx. 50,000. I have never looked into a second mortage but in researching debt reduction I have seen it as an option. Should we get a second mortgage to pay off these debts? What [...]

Categories : Debt Reduction
Comments (8)

I am open to any suggestion thank you for your time and knowledge

Categories : Debt Reduction
Comments (6)
Categories : Debt Reduction
Comments (2)

Why do they live like they are rich? I know a few people who are deeply in debt and are always traveling and shopping. m mad cause I am 4 thousand in debt and pinch every penny. My sister is in at least 50 thousand and lives like a movie star. Should I be jealous. [...]

Categories : Debt Reduction
Comments (15)

If I give them a large amount of money, will they negotiate a settlement?

Categories : Debt Reduction
Comments (5)

I am mulling an offer from a debt collector for Citibank visa on my wifes account. The account was already charged off by citibank and now in the hands of the collector. The offer to settle is very good but its almost 3000 dollars off and i am afraid the reduced debt will [...]

Categories : Debt Reduction
Comments (2)
Categories : Debt Reduction
Comments (1)

Hey everyone, I need some help.
I have been looking over my finances and have come to the realization that I have way too much debt!!! I have a few credit cards and some car payments, frankly the monthly payments have become almost too much for me!
I need to reduce my [...]

Categories : Debt Reduction
Comments (14)
Jun
04

Debt reduction structure?

Posted by: savemoney | Comments (2)

I am looking for a program or a method to pay off my debt in the most cost/benefit way. I need a program that can calculate both principle and interest payments, along with compounding interest.
I have debt on a 9.99% credit card
5.75% auto loan
4.5% student loan
Are any credit options available to refinance the 9.9% [...]

Categories : Debt Reduction
Comments (2)