How can i get rid of my credit card and student loan debts?

Pay them off.

I mean seriously. Your question is extremely VAGUE. How about delivering more information. Y oure only going to get more answers like this if your question remains so completely open to speculation.
Habe you heard of refinancing? Contact your student loan company and tell them y ou want to extend the life of your loan and make lower payments monthly. As far as credit cards go....if you SINCERELY CANNOT Pay them, go see a consolidation service. For a fee, they will get your debts REDUCED or SETTLED for a much lower amount, OR like a student loan, they can extend the time you have to pay it off and at a lower rate.
But if worse comes to worse, and you CANNOT afford to pay off your credit cards- theres not much they end up doing. It WILL affect your ability to get loans and credit in the future, even a house, but theyre not going to come to your door and start taking your couch and tv or put you in jail. THE WORST they can do is file a JUDGEMENT against you which you wont even have to physically appear in court about. It wll affect your life, but you dont HAVE to pay it off. If you have no money to pay this crap, what do they think youre gonna do? Pay even more than you cant afford now? Ive had capital one threaten to sue me for a 1300 dollar debt, that they JACKED UP to 2700 dollars. If I cant pay 1300, what makes them think I can pay 2700 in late fees and interest? Ive received letters saying that a suit is being filed, but so far, aint jack happened to me and I dont expect that it will. MANY PEOPLE owe MUCH MUCH more than I do, and nothing happened to them either. Its not like a car loan, where if you dont pay they come and take your car. Theyre not going to come and say you bought this and that on your credit card and we are taking it now. They send threatening letters and call your answering machine like CRAZY, but once you TELL THEM to leave you alone, by law they have to. Doesnt mean they wont file a claim against you though. But it will by law, make them stop calling you and sending BS letters.

they mostly rely on fear to make you do whatever to pay them. Thing is, theire insured and write these debts off as a bad debt and then you have to wait like 7 years to have it taken off your credit report. But you'll find those 7 years go by fast when you realize that you dont TRULY need a credit card to live.
Do you budget your self? MANY people dont know how to budget, you may h ave to find out, are you spending too much on food and entertainment during your paycheck periods? If so, start changing your lifestyle, dont eat out, dont buy items that do nothing but sit on a table or shelf and look pretty etc etc. AMericans are constantly being told by TV and radio etc that they are EXPECTED To buy buy buy everything that they dont even TRULY need. Ignore the lies and live within your means.
FOR EXAMPLE Buy a 30 dollar CROCK POT and for a 2 dollar bag of potatoes or the same 2 dollar amount of carrots and a 10 dollar bag of bonesless chicken you can eat ALL WEEK, just serve it with noodles or rice or a 50 cents can of green beans to change it up daily.

Life will get better in time, be patient. You'll be surprised at how fast time can fly with lifes distractions.

Pay large on the one with most interest; min on others then move to next one with high interest

Well the answer is very easy in theory but requires major discipline in practice.

Bottom line:

Spend less than you bring in each month and put the remainder towards paying down your debt. Once your debt is paid down you will also have mastered the very useful skill of living within your means. You can then take that surplus and begin applying it towards a down payment on a home or a nice nest egg for retirement.

Live on as little as you can and pay them off.

http://www.daveramsey.com

Start with cutting up all your cards......do not use them anymore! And work with your card companies as to how you need to pay them off. As well with the student loan...you should pay them off!

get a second job and make double payments each month.

consolidate your loans all together if you can. i had a sallie mae loan that they wouldnt consolidate, and it has OUTRAGEOUS interest, so we paid that one off first.

The easiest way is to pay them off through hard work and effort. There are other ways, but I would not recommend them. If you agreed to pay the loans back, you need to keep your word or it will haunt you for the rest of your life.

Get a second job at night to earn extra money to pay them.

Just pay them a little bit each time. For ex. if the credit card minimum is $28, I will pay $35 which is $7 more then what the credit card company wants. You can decide how much extra to pay off then in no time, all the credit card debts and student loan debts will be gone. All you have to have is patience.

By paying them off, how else?They will dog you for the rest of your life, if you don't start making arrangements to start paing them off. You credit will be zilch also, if try to get credit for anything else.

Transfer them to a 0% transfer balance credit card (they normally are for only 1 year) and then make payments that are double the minimum. If you still haven't paid them off in a year, do the same trick again until they are paid off.

There are a few things that you can do.
1st Pay them
2nd Don't pay them and not care what happens to your credit
3rd go bankrupt but that will only get rid of your credit cards a bankruptcy do not get rid of student loans and taxes but it will give you extra $ to put towards you student loans.

no way out pay them off or wait 7 years until it is wiped clean off your record

If you file Bankruptcy and the student loans are federa loans they will not be discharged.

I would reccommend offering them settlements when you have money to pay each one a lump sum.

This article may help, good reading.. http://www.expert-credit-advice.com/index_debt.htm

Simple...pay them off. You took on the debts, you shouldn't try to find ways out of them.

pay them or file bankruptcy

Ummmm..... pay them?

Just a suggestion... pay them off?

start paying the minimum at start
must pay smth otherwise the interest wil kill you
stop spending so much

Just don't use your credit card or talk to the bank. Move into a small home and don't buy what you don't need and then work a lot and you will pay off debt in no time. Email me for more tips at: kararattermann@yahoo.com

I like the original person, am trying to get out of paying a student loan. But before you flame me, understand a few things. First, the school lied to me about the costs. example: 2 classes that i got nothing out of cost me 2501. that's just the principal on the 2 types of loans. (interesting thing is, even though there are 2 loans, subsidized and unsubsidized, somehow more principal ended up on the unsubsidized loan... figures...). Was far more originally but after a year the school finally gave back the rest of the money to sallie mae. On top of that, I, like so many, was unable to get a job for 3 years, and when i finally did, it's severely underpaid. Minimum wage, at a retail store, and I am lucky to get a decent number of hours a week. this week i am scheduled just 20 hours. which the work they want me to do would need 30+ to complete since they got so behind. I even have to drive about the same distance one way as i get miles per gallon... so when you get scheduled for 4 hours, you can imagine how much it hurts. there are not many deferments left that I can take for being unemployed/underemployed. I dont care about my credit. it's shot anyways. There is far more, but that is boring and will sound like whining. But that is what losing your job, your house, your car, and your relationship can leave you dealing with: numerous bills and bad credit. I just want them to go away, but i know that isnt happening. So I atleast need them to quit being a headache to my family, till i can figure out what to do after i get all my other issues straightened. and no sallie mae doesnt have to stop contacting you just because you tell em to...

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