Credit Cards
HOW TO LEGALLY CLEAR FINANCIAL DEBTS IN 5 DAYS [K] [i] [n]
Seth Evan Fogell (Kindle Edition) Seth Evan Fogell 2010-04-06
Release date: 2010-04-06
Price:
$47.00
Answers
I have heard there are companies out there who can clear credit card debts due to certain circumstances such as being unemployed when given the credit card. Is it actually true? Which companies would you recommend?
Yeah thanks for the helpful answer Claire you helmet.
Gee lets see your unemployed an still accept a credit card offer from someone that you know very good and well that you will not be able to pay and you want to get out of paying it?
You might try Consumer Credit Counseling but under these circumstances I don't believe there is anything any one can do to get you out of paying what you owe.
Dateline NBC - Credit Card Debt Trap Part 1 of 10
I have a hefty, and I mean hefty, credit card debt and am getting nowhere with a monthly repayent of 300. It expires in 2009
Your best bet would be to get a personal loan or something of the like from a credit union or bank ( CU's usually have lower rates ) and then pay off and get rid of the credit card because otherwise you would probably just rack up more debt.
My husband had the interest raised on a credit card and could no longer afford the payments. He informed the company and now some years later he is being talken to court.
It all sounds good on t.v.. I'm going through this right now.
The credit cards will agree to the payment plans-sounds great huh? But a couple months later the account "paper" will be sold to someone else and the calls will start again. Our accounts were sold off probably a dozen times in the last 3 years. They all want some outrageous amount that -if you had you could pay the balance anyway without the harrasment.
Finally we had to get a lawyer-now we are getting somewhere with the situation!
Don't bother with the debt places-get a lawyer and be done with it!
Currently I owe approximately HK$190,000 on my Hong Kong credit card. All I can do is keep paying the minimum monthly payment of HK$7,000 each month so it wil take me along time to pay the whole amount off.
Will it be financially sensible getting a bank loan to clear the card debt off?
Your looking at about 25 grand USD.
But the answer is Yes. Many banks offer debt consolidation loans. The interest can vary widely based on your credit. But at the same time just because you have debt doesn't mean you have horrible credit.
Your looking at around $900 USD a month your paying now. Sit down with someone at the bank and talk numbers. If they can get this number substantially lower though their loan, i say do it.
After hearing a radio advertisement on my local station I decided to call Cartel Client Review. They are a law firm that promise to clear any outstanding credit card debt. They have asked for an up front fee of £475 to asses my case. It sounds like a scam. Has anybody had any dealings with them or could anybody offer any advise. Many thanks, Nathan.
There are plenty of debt management companies out there who do NOT charge a fee. The last thing you need is to fork out another £475.
I dunno how much you're into, but maybe start here instead?
http://www.debtfreedirect.co.uk/dfd.htm? gclid=CLvSg8WJmJYCFRuD1QodKT8_6w
Eliminate Credit Card Debt - 5 Easy Steps - Credit Card Education
In the Internet alone, notice how many people, websites, and experts give advices on how to eliminate credit card debt. This is not surprising as there are thousands, if not millions, of people nowadays who are suffering from credit debt problems due to what has happened to our economy in the past.
There are various steps and methods to eliminate credit card debt
1. To eliminate this debt, you have to stop using your credit cards. This probably is the best and most legal way to get rid of all your credit debt problems. For you to steer clear of getting deeper into debt, you simply have to stop creating more. Avoid signing up for new cards and get rid of other credit cards if you have more than one. Cut these cards up and close the accounts.
...News
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PR-Inside.com (Pressemitteilung) - Oct 24, 2009
Credit card Debt Consolidation offers are a sea of temptation for a lot people. Soon as soon as a fellow graduates from tall institute, he or she shall most How to Consolidate Credit Card Debt and Eliminate Credit Card DebtBad Credit Debt Consolidation – Lower Credit Card Payments TodayCredit Card Debt Consolidation Services - Bad Credit Debt Consolidation Tips - -all 42 news articles »
Washington Post - Oct 22, 2009
Should Balloon Boy's Parents Have to Pay Up?Take that, credit card companies!" But seriously, layaway is useful because it prevents credit card debt, but, on the flip side, it still doesn't prevent and more »Washington Post - Oct 24, 2009
Megan Niedermeyer, 24, graduated from college in 2007 with thousands of dollars in credit card debt. To help her with her finances, her parents got her aBills.com - Oct 24, 2009
Credit-card issuers are seeing significant losses on consumers' outstanding credit card debt, reflecting woes in the larger economy. BofA faces twofold challenge on credit-card lossesall 2 news articles »New York Times - Oct 23, 2009
NewsHourThe companies, for example, could no longer deluge broke and unemployed teenagers with credit cards, driving them deeply into debt that they have no way of Facing annual fees on credit card debt accountsFuming Over Credit Card Rate Hikes?Aussies cautious over debt - -all 68 news articles »
istockAnalyst.com (press release) - Oct 25, 2009
So this idea that the consumer has wised up and is willingly paying down credit card debt may be a myth. Banks have been aggressive in reducing credit card and more »