Debt Reduction- Advice On Credit Card Debt Reduction, Debt Reduction Services, And Debt Reduction Plans

mom digging out asked:


not affect you?

Jamey Caissie

razorcut44 asked:


I’ve heard positive and negative stories about people using them to help reduce credit card debt. Looking for good examples of help.

Chi Ober

Vickey C asked:


This was a reduction of credit card debt and was for 928.00

Iris Hepp

Closet Cookie Monster asked:


There’s a long story, but the short of it is that I have a lot of credit card debt. Please spare me the lectures. “Creative financing” gone wrong….

Okay, I have 6 credit cards and 1 loan from my parents ($1200). I have about $1000 to spend on debt reduction per month, but my minimums add up to about $1200/m, not including the family loan.

Based on the MONEY SPECIFIED ($1000/m) How do I pay this off? Pick 1or 2 and pay them off and then try to catch up with the others later? Pay less than minimum on all of them?

Highest interest rate: 51% on $5000!!! That sucker isn’t going down at all…

Thanks for your suggestions..

I’m already on a no-interest 6-month plan with two of them. Debt consolidators said they cannot reduce the 51% interest one.
to answer the question, the 51% interest loan is with Cash Call. I needed another $5000 to close escrow on my house. I was going to flip that house, but we all know how the market is…so here I am, a year later! NEVER get a Cash Call loan. Seriously.

Augustus Updegraff

JW asked:


from personal loans

Aurelia Kragh