Re: Trying to make the best of a bad scenario - Please Help! Part 1/2

Posted by kp on February 20, 2002 at 16:07:55:

In Reply to: Trying to make the best of a bad scenario - Please Help! Part 1/2 posted by Rob on November 14, 2001 at 11:17:01:

Am floundering financially myself. Try to call a
non-profit credit counselling service. Anyone
that charges you money to do your settlement
for you is not working in your interest (all puns
intended!). You can do this - I personally have
reduced my interest rate with First USA by
going on the Assist Programme which is only
8% interest. That's lower than Springboard
could get me. Call them all up & talk to
them.Get a copy of your credit report. Your
accounts will get closed - try to call up &
request that yourself o/wise it will list on your
credit report as "closed at credit grantor's
request". I looked at my report & found that my
balances are higher than what they were 2
years ago b/c I can't do much more than pay
the minimum...and ironically enough, aren't
we meant to be enjoying some of the lowest
interest rates ever?! Not if you have a citibank
visa card - 24%!!
Anyway, good luck. there are loads of us out
there. you are right to try to avoid bankruptcy.
kp

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