 Is there any way of cancelling your credit card accounts? |
| do I just call up the creditor and request for my account to be cancelled?... |
|
 How can a normal person get rich? |
| what actions do they take? how is it done?... |
|
 Mary checking account had a starting blance of 785.63 she wrote a check for 57.00 for groceries and a check? |
| for 125.00 for a car payment yesterday she deposited 57.25 in her checking account what is mary current balance?... |
|
 If your income is $100,000 a year, how much do you have left? |
If you earn $100,000 USD and you live in a $300,000 home, how much money do you make after paying all the bills, grocery, other items(PS3), tax, etc.?
You live by yourself and a dog.
... |
|
 How can i make 10 20 or whatever dollars right now. a scam or idea? |
| i need at least 10$. but i need it today or tomorow so i need a scam idea or something. theirs a tiny family owned gas station right up the road.... |
|
 Who is the UK's worst bank? |
| I nominate Lloyds TSB and the Royal Bank of Scotland in joint ... |
|
 How can I make money after Christmas shopping? |
I'm not old enough to get a work permit, so I can't work at a business, but I am dead broke after Xmas shopping. How can I make more money? (I am a teenager)
Additional Details
... |
|
 If you have reson to believe that a check you deposited into your bank account will bounce? |
| ya know a check you received from someone - if i transfer the money to another bank account -will they still be able to take the money back if it DOES bounce ? from the account i transferred it to ?S... |
|
 Debit cards? |
| does anyone know if they can be used on e bay.and where would i get a cheap once off payment debit ... |
|
 How can I earn MONEY...? |
I'm in my early-mid 10's. (9-13).
annd i'm wondering how I can earn money in North Carolina, US. I don't get allowance. Just 5- 20 dollars are given everytime somebody feels ... |
|
 Help! This is hurting my credit! Should I pay it or am I being taken advantage of?!? |
| When I was 18 (5 years ago) I got a used car out on a loan. The car ended up having a lot of mechanical problems with it, too much for an 18 year old to afford on a part time job that paid $7/hr...So ... |
|
 How much does these things cost where you are? and where are you? |
12 pack of pepsi or coke?
big mac or whopper value meal?
pack of decent smokes?
6 pack of decent beer or ale?
a gallon of gas?
~i am just ... |
|
 How can i earn money on internet? |
| im a 14yrs old boy and i want to earn more and more money by simple methods without investing any thing .If someone have any suggestion please write or can write ur email address so that i can ... |
|
|  |
Hot Space | 40,000 dollars worth of credit card debt. What's the best way of paying it off or other ideas? |
|
 |
 
great_and_mighty_adam_levine
 |
Okay, you have $40,000 in unsecured debt.
Rule #1: Do not turn it into secured debt. Do not put up your home or car as collateral on another loan, get cash, and pay off the unsecured debt. Right now, they can't take your home or car, don't give them that power. Even if you declare bankruptcy (chapter 13 or 7), it is likely that you can keep your car and home. If you secure the debt, that gets much harder.
Rule #2: Reduce the interest you are paying on the unsecured debt. Negotiate with everybody, consider credit consolication (without collateral). Channel as much debt to the one with the lowest APR as possible.
Rule #3: Make the biggest payments you can afford. If after doing #2 and #3 you still don't have a big enough payment to pay off your $40k in 5 years, talk to a bankrupcy lawyer. Bankruptcy may be your best option at that point.
-->Adam |
|
CMass Stan
 |
First, stop spending money on nonessentials. Find a way to increase your income stream. Take what you have after spending on essentials and start paying down the balances.
If there's a way, work w/ your CC companies to lower the interest rates.
Rolling over your CC balances onto an equity loan is risky in your position if you run up a balance on those cards again.
File Ch7 or 13 and kiss what's left of your credit rating goodbye for at least 7 years. |
|
Web G
|
If you own a home, and if you have the equity, I would either do a second, or a HELOC, and then convert it to a fixed rate loan, which ever has a lower interest rate, this way the interest you're paying is most likely tax deductible. If that's not an option, and you have the means to pay off the credit card debt, I would start paying off the highest rate credit cards first, and then work my way down. It'll take a while, but it's well worth it paying it all off...
Good luck... |
|
Brn_Eye_Grl
 |
First of all, it's important to not keep using them. Otherwise anything you do won't really help... you'll just keep getting back into credit card debt.
You could try going through a credit counseling service. They try to negotiate deals with your current credit card companies - lowering the interest rates, payoff schedule adjustments, etc.
If you are able to, try to transfer balances around to the cards you have with the lowest interest rates. Or you could try to get a new card with an introductory 0% apr to transfer some to, to help you. Be careful though and make sure the interest rate doesn't go too high after the intro period if you do that.
Another option is simply try to make more money. Either try to work overtime at your current job, try to get a better paying job, or try to get a part time job in addition to your current job. Use the extra money to put towards your credit cards.
Try to pay off the cards with the highest interest rate first.
Let's say you have 5 cards - still pay the minimum on 4, but the 5th one that has the highest interest rate - put more money towards it to get it paid off. Then work towards the next card with the next highest rate. But now that you have one paid off, what you WERE paying towards the minimum payment originally on that one, you can now put that amount plus any extra towards the next card. So on and so forth, creating kind of a snowball effect.
Last option is to file bankruptcy. However, the government has made it more difficult to do so over the past few years. Bankruptcy will hurt your credit score, and it will stay on your credit report for seven years. It will affect your ability to obtain any new credit, including buying a car or a house. |
|
Andy
 |
Go to www.nfcc.org.
They should help you figure it out; renegotiate your debts to lower the amount of interest you are paying; help you create a budget so you can pay off the debt and not get back into it. |
|
mouses1
|
Bankrupcy |
|
doylinefinest04
 |
You can look into chapter 7 or 13 or go to bankrupcy court you can file on just your credit cards with a 13 its a short term a 7 its a long term |
|
shakeitmommamindy
|
rob a bank! or marry a billionaire |
|
marxistharpist
|
Refi your home and use the equity to wrap everything into one payment. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 23 minutes(s) ago
| | | |
12 | 28 minutes(s) ago
| | | |
12 | 58 minutes(s) ago
| | | |
12 | 2 hour(s) ago
| | | |
12 | 4 hour(s) ago
| | | |
12 | 6 hour(s) ago
| | | |
10 | 11 hour(s) ago
| | | |
11 | 1 day(s) ago
| | | |
12 | 2 day(s) ago
| | | |
12 | 3 day(s) ago
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
