Wednesday, October 28, 2009

Credit card question-closure due to financial hardship?

hi,



i took a job overseas to try to pay off my cc debt. im sending 900 a month but the interest is eating all of it !



i asked them to lower i they hardly did at all. i was so mad. i asked what other option



%26quot;Close it out due to financial hardship and pay the balance%26quot;



would this effect my credit very bad? im not getting ahead at all



Thanks!!!



Credit card question-closure due to financial hardship?

Best thing you can do. Think - the alternative is to pay forever and ever. How%26#039;s an infinite debt going to be good for your credit?



%26quot;would this effect by credit very bad?%26quot; lol... silly question. You%26#039;re being destroyed by debt, who CARES what happens to your credit?



Credit card question-closure due to financial hardship?

cut your card up and pay off the rest ....fast



Credit card question-closure due to financial hardship?

You%26#039;d have to pay the entire balance to stop the interest. Unfortunately, if you%26#039;re making good payments on the account, they%26#039;re not likely to offer you any %26quot;deal%26quot; on cutting the interest. They only make that offer if you stop making your payments, but that will affect your credit rating, too.



Check this web site out. Dave Ramsey is a pretty cool financial advisor. He has a lot to say to people in your situation that need help.



Credit card question-closure due to financial hardship?

Contact a credit councilor. They%26#039;ll work on your behalf. You may even get off by only paying the principle %26amp; not the interest.



Credit card question-closure due to financial hardship?

credit cards are loan sharks. very dangerous. not made by any God but from evil minded. no win scenarios and they know it. don%26#039;t play if u can%26#039;t pay. They%26#039;ll enslave u forever

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