Credit Card Debt Government

Question
Can I get government money to help reduce my credit card debt without affecting my credit score or reduce the interest rate that credit card companies charge?

Nope. You have to negotiate with the credit companies on your own to try to get them to reduce the interest rates.

2009-09-27 20:13:31 by Bobby D

www.letsforgetdebt.com - An excellent informative site and service to help anyone with credit card debt. A step by step video talking about the ...

According to every chart me and my husband make too much money.I need a government program we can qualify, don't need welfare. There must be something for those working and going to school to better themselves

Hi Jace, don't listen to what "annie Dennis" commented. I reported this user to Yahoo because this is an illegal comment and was repeatedly posted several times on multiple different boards.

Whatever you do, DO NOT contact whomever the person she referenced in her comment.

I don't know anything about government program daycare, but I just wanted to warn you about this user.

take care

2008-08-24 10:30:40 by jace02

Price: $9.95 $9.95

I heard the government was going to pass this soon. Do you think its fair?

The short answer is NO!

The long answer is that the government wouldn't be bailing out the people, the government would be bailing out businesses. However, Americans must learn to live on less than they make, and start saving instead of spending. Anyone with any economic sense understands that at some point the credit runs out if you consistently follow a pattern of spending more than you make. It will eventually catch up to you and you will either have to stop spending and pay off your balances, or you will have to file bankruptcy.

Save me all the speeches about people need credit to live. There is hardly a sole in this country that doesn't carry a cell phone, and I can't tell you at the number of times I have seen people paying for their food with food stamps and then laying down a $100 bill to buy their cigarettes and beer. The American population is spoiled and needs to wake up to the reality of economics. Everything comes at a price and nothing is for free, especially when the government is "paying for it"

Back to bankruptcy, who do you think pays for bankruptcy? Not the banks, but the consumer in the form of higher interest rates and fees. Businesses will make money and they always pass on higher costs to the consumer, otherwise they wouldn't be businesses they would instead be FAILED businesses. So when I say no, I mean no to the banks because it is their eagerness to hand out credit cards like candy that has brought us to this point. Failed businesses are as important to the economy as successful ones. Businesses that fail due to poor management and practices should be held responsible for their actions.

So for all you who think this is a good idea so you can get a piece of the $700B bailout, just remember everything comes at a price and the only way to pay the price is to take money out of your pocket in the form of additional taxes. So stop looking to the government to solve your problems, the government has proven that any problem they solve costs 10X what it would cost in the private sector and on top of that it usually creates 10 more problems to be solved. Just look at the collapse of the housing market.

2008-11-08 08:53:48 by Chigon

Price: $0.99

I am drowning in credit card debt and I am looking for help other than bankruptcy

If your drowning in credit card debt, have you looked into credit counseling? Do you own a home that you can refinance and pay off some debt? If you don't own a home, credit counseling may help, but you may or may not be able to buy a home until it has been paid in full. Some lenders still consider it a risk and a bankruptcy. But you should not have as much of a negative impact on your credit that a bankruptcy have.
I included a link below, give them a call and see what they can do. It doesn't hurt to ask. Or you can look in your phone book for a credit counselor closer to home.

2006-07-07 01:08:53 by Hector A

I could not continue my interview because of an outstanding credit card debt from 1999. The credit card is not on any of my credit reports. Can they hold this against me?

When you take a credit it is mandatory for you to pay it back. You should pay back. If the Government comes to know of that then it is correct to refuse you an Interview and hire you since in government honest people should work, at least while in selection itself.

So please pay back instead of asking such questions.

2007-05-22 07:11:06 by EdTheFed