 How do people get into such deep debt? Like over 10,000 dollars of credit card debt? |
Ok so I have seen questions about how people can get out of over 50,000 dollars of credit card debt. My question is:
How in the world can you get that much credit to begin with? Do they ... |
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 Just got a credit card from capitalone to get my credit started.? |
| I just want to know where i can use my card at b/c i need to buy somethings and was thinkin of using my card but dont know what stores accept it. Does Wal-Mart accept this credit card?... |
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 My credit score is low cause I don't have a credit card but I cant get a card because of low score. Help? |
| I am looking to get my credit score up and clean my credit. They say revolving accounts get your credit better but I have bad credit and can't get approved for a credit card. Even the crappy ... |
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 Does having a credit card cost money? |
I am getting my own credit card soon to help build credit, but I really don't want it to cost me much.
If I have no annual fee, and pay my (tiny) balance every month on time, will there any ... |
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 I NEED A LOAN TO CONSOLIDATE MY DEBT -BUT MY DEBT IS NOT BAD ENOUGH FOR CREDIT COUNSELING---ANY SUGGESTIONS? |
| I have tried to get debt consolidation help but every one just tells me they can't help me because my debt is not high enough!! I have been slowly paying what i can but am starting to sink fast--... |
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 Abbey National - Cutting my overdraft!! Please help? |
My ban k have sent me a letter saying that next month they are cutting my overdraft down from £1700 to £500!!!
I can't afford to pay it all of by the time they cut the overdraft limit and ... |
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 What do you think about payday loans? |
| I am thinking about getting one and would like to hear you advice about them.... |
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 Does it affect your credit score positively to pay off a loan early or not? |
| I have a car loan with a Credit Union that has a year or so left, and I'm curious if paying it off early will significantly effect my credit scores, or it really doesn't matter very much?<... |
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 Where can you find those American Exprees Gift Card things? |
you no like those things that r like temporary credit cards you can use anywhere or w.e.
DONT BOTHER GIVIN ME S**** BOUT MI SPELLING I DONT CARE... |
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 Can collection agencies try to collect a debt that is eight years old? |
| I received a call from a collection agency trying to collect on a debt that is 8 years old, dating back to 1998. My state's Statute of Limitations for debt is seven years. Can they still collect ... |
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 I want to buy a new car but my credit score is only 680. Is this good enough? |
| I also have on my credit report a few old debts and one judgment which is already paid and have a student loan on good stading.I will pay all of my old debts before trying to apply for a car loan. T... |
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 Am i building up credit this way? |
| Ive had a credit card for a few years now, and I pay off my credit card bills online. My in laws told me that if i want to avoid intrest charges I should pay off my credit card a week or two before ... |
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 Serious Credit Card Debt! What should I do? |
| I am a student with about 3 years left of school before I start making money and I have some serious credit card debt! I owe about $12,000 to Visa and about $7,000 to AMEX. Most of that money has ... |
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 How do you ERASE your credit history!!!? |
| As a young adult, I destroyed my credit and went bankrupt. Afterwards I have 1 credit fraud and cant prove it wrong without hiring another lawyer. I need the bottom line secret to cleaning my credit ... |
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| Can a debt be reported to the credit bureaus if I am making payments? |
| I have a $13500.00 debt that is owed for a rental car that was totaled in an accident. The rental car company wants their money for the car and I am willing to make payments, but they keep ... |
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| How to repair your credit? |
| Once you have paid off your debt how do you increase your credit ... |
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 Co-signer is paying, how to make it last? |
| A few months back I got someone to be a cosigner for my new car, but my girlfriend and friends are high maintenance and I don’t have the extra money for the car’s monthly payments and I stopped ... |
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lorraine s | Trying to pay off credit card 50 a week but never seems to go down with payment protection cover and interest? |
what can i do owe 6000euro |
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maggie
 |
Yes seems we never them paid off .I canceled my protection and it did help a bunch.I was told they are really pushing on these credit cards as there afraid things are going to get worse and they want to get all they can so they push us all.Not very nice i figure if there that broke they cant help anyone for real then they should never offer any credit to any of us lol |
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ascoile
 |
First off cancel the payment protection, it's a big con.
Try to pay as much as you can each month and don't spend any more on the card. |
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betty boop
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shut off the payment protection ASAP it really doesn't do anything
call and see if they will lower the interest rate -
always try to pay at least double the minimum payment
dont use the card either
I wouldnt have it shut off because some companies will charge a certain percent while you carry a balance lock it up so you dont use it |
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Nicole
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You can usually drop the payment protection coverage. That can be a huge expense because it is usally a percentage of what you owe on the credit card balance.
Also, just talk to the credit card company and they may be able to lower your interest rate.
Once I had a credit card that I got sick of because of all the interest. I got fed up one day and I told them to close it and they negotiated with me and agreed to lower my interest rate if I kept it open.
If you are having trouble getting the balance down it may be because you are still using it. If you are still using it stop. Either shred the card, lock it up, or just call the credit card company and ask them to close it. Most of the time you can close the card even if you owe a balance.
Good luck and stick with it! |
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Ted
 |
Read the fine print. Payment protection doesn't cover what you think it does. |
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DAS
 |
Ask them to lower your interest and tell them to stop payment protection coverage. Talk to the credit card company and see if they can suggest some way to help you out. Pay a little more on the principle of the debt. |
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Night_nurse
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Write out a budget list and plan how you are going to re-pay. Make sure your re-payments are not too high. |
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mister ed
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get a part time job and throw all the extra money toward it!!! |
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TallPaul
 |
Pay more. |
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candi h
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your first mistake was getting the payment protection.....it is not necessary and only covers SPECIFIC EVENTS. CANCEL it ASAP. Next you will see a change in the additional balance being added but you also may need to pay a little more. |
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froggequene
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Stop paying payment protection - if you were to become unemployed or seriously ill by the time they had finished processing the application you'd already be in trouble or they'd find a way to get out of paying out. If you find yourself unemployed or too sick to work, the first thing you should do is call your debtors, tell them about your situation & try to re-negotiate a temporary lower minimum payment until you can get back on your feet.
Try to pay off as much as you can each month. 200 Euro a month is probably just about covering the interest you're accumulating, it's probably just chipping away a little of the main debt.
Look at your budget, examine your outgoings - is there anything you could cut out? Skin your budget to the bone, take packed lunches, buy clothes only if you absolutely need to, cut back on nights out, etc
If you have any savings, or a bonus coming your way, use them to make a dent in the debt
Have a look at this website for tips:
http://www.moneysavingexpert.com/
This website is based in Ireland:
http://www.youandyourmoney.ie/ |
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