I cannot keep paying this credit card at 39%, what can I do?
By Joseph from Las Vegas, NV
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A credit counselor can help. They can take all of your unsecured debts and you will have one, much lower payment to make a month. They will get your interest reduced. Your accounts will be closed but if the object is to get out of debt, that's a good thing.
Try first pleading with the credit card company and see if they will offer a reduced rate or some other plan. If you use a credit counselor make sure it's a non-profit one because the for profit ones are sharks :-(
I finally had to declare bankruptcy, thinking I would be ruined for life, but I haven't been and it's been now eleven years. All I have now is a build up of undeserved medical bills I told each one in the beginning I could not pay, but who said it's ok anyway! I haven't ever had a credit card since, by choice.
Try DIY bankruptcy, I hear it's both possible and works?
Good luck.
: )
Just came across this and it might have some helpful info for you:
www.nytimes.com/
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