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November 1, 2014

  • Credit Card Debt

    Call each cc to discuss forebearance or relief plan.
    Explain your hardship, that you have been unemployed since Dec 2012, no unemployment benefits, etc.

    Many a time they have programs (in-house help program, workout program, loss mitigation, hardship program).

    State that your financial status has changed dramatically but you still want to honor your commitment and be responsible for your debt. Express that you are considering bankruptcy at this point.

    Speak with a credit card manager and tell them "I want to pay you. What can we do?"

    Always ask: "How will this be reported to the credit bureaus?"

    http://www.thesimpledollar.com/best-unsecured-loans/

    http://www.moneyunder30.com/personal-loans-compared

October 31, 2014