3 Little Known Tips For Credit Card Debt Assistance

I have a confession to make. In my peak, I had over $ 100,000 in debt, either to pay off credit cards or in the form of loans, which I picked up these cards before. And I searched everywhere I could for the best credit card debt help.

Does this sound familiar? The due date for the credit-card bills this month is fast approaching and you need to make the payments. You go through your bills and find theFollowing:

- The first says: "Payment Holiday". Great news! You do not need to make that payment this month.

- The next has a minimum height of only $ 50 so you and send scraps, which in this declaration. Out of sight, out of mind, right? (For another month at least)

- The third one is not much of a balance, so that the full payment is only $ 130. Send that off and have a good feeling it was worth it. But wait - there are some "advance" checks in the envelope with the bill. Better to keep, just in case.

- The last has the largest balance and the minimum payment is $ 280. But you can not take a $ 280 payment and still cover all other costs. Fortunately, you have this cash advance checks from the other cards, please write to consider a $ 280 and to cover the payment for the month.

I Spend several years juggling payments such as these, and believe me, I know - it's not fun.

Allow me three tips for> Credit card debt help that can help you overcome these situations.

1. Call your credit card company and ask for a better interest rate and / or lower pay. They would be how flexible they will be surprised, especially if they believe there is a chance they will lose you as a customer (and all the interest you pay, together with you).

2. Concentrate on paying off one card at a time. Pay a little more than a few card's are notof them paid off anytime soon. You are better off to concentrate on one at a time, and as much as you can to get it paid off.

3. Stay away from debt consolidation loan if you * fully * understand the potential problems. Debt consolidation seems to be a good way to deal with credit card debt deal, but it is as good as ever. There are too many pitfalls, not to say it, you do so until it is too late.

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