Zero Credit Card Debt

I had left USA around 4 years back as I could not get a job(software). When I left I had credit card debt. Now i want to be back and normalize my debt. I currently dont have a job. I checked my credit report on the internet but confused with the terms. Its certain that collection agency must be trying to locate me. I cant figure out my current debt, thats when I left and now(including interest?). I need help in how to take the first step and how its going to affect my job-hunt.

If you get a copy of your credit report, it will show you how much you owe on your card(s). Depending on how long ago you defaulted, it may be better to *not* pay it off and just wait out the debt. Most debt will clear 7 years after the last reporting. I would recommend going to a site like http://www.truecredit.com, it should also help you with the terms.

2006-06-30 19:53:24 by Ramesh

CreditCardRightsCoalition.Com: Use the law to reduce your credit card debts to ZERO! Get rid of debt collectors and harassing phone calls.

Here's the deal, I'm in the first few months of a zero interest intro apr on one of my credit cards. The credit card company monitors whether I pay less than (not gonna happen), equal to or more than the minimum payment each month. Does it help build my credit faster if I pay more than the minimum balance each month? Even as little as $1?
The way I see it the credit card company is holding my debt interest free while I earn interest on the extra cash, so spare me the lectures of credit card debt.

That will not do much for your credit. It's not good, It's not bad. But be careful cause if you don't have a $0 balance when they start charging interest, they add on interest to your balance from all the months it was zero interest, all in one lump sum. Make sure you pay it off right before they start charging interest.

2007-04-26 07:27:09 by clear_03

Price: $14.95

I live on my monthly social security check. This provides my basic simple needs of a roof and food.

If somebody cosigned on the credit card, they may be liable, otherwise no one is liable.

2006-04-03 13:50:26 by gerryex21dlr

Price: $8.37

my credit scores from three major credit bureaus averaged out at 717. I tried so hard to get a credit card but no company will except me. I have zero debt and a large credit limit on my visa platinum card but each time i try to apply for another credit card, i get rejected.

Discover will give a card to almost anyone. Try that on line.

2009-12-01 03:12:15 by pinky swear

Right now, my credit card is at $1000, which isn't much compared to some of my friends who have $60K+ credit card debt. I don't make much money, but enough to pay $625/mo in rent every month plus other fun expenses, if that gives you an idea. Which route should I take? Pay $50 every two weeks? or $100/wk? $100 every two weeks? I need some expert advice from someone who's been in a similar situation. Thank you.

Pay as much as you can while still leaving a little for unexpected expenses. The faster you pay, the less interest and thus the less overall money needed to pay it off.

2008-05-21 08:28:29 by chrisj7682