Archive for July, 2007

Credit Card Debt - Reduction Agencies a good idea?

Friday, July 20th, 2007

Camilla asked: My husband and I have tons of credit card debt - $25,000. One of the cards is connected to our debit account and if we have a negative balance in our debit account it will transfer funds from the credit card. It has become a viscus circle. We cannot afford to make payments [...]

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Is it possible to obtain a REAL reduction in ALL debt, or a REAL personal consolidation loan?

Saturday, July 14th, 2007

redheadedstepchild asked: Is it really possible to reduce ALL debt? Or to obtain a REAL personal consolidation LOAN without having a large amount of home equity?
I am already in a Debt Management Program, that does not leave me enough money to even put gas in my car or food on the table. I am still [...]

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More debt than income qualify for debt reduction service?

Tuesday, July 10th, 2007

catlovesme asked: Or is bankruptcy the only option? We dont want to do that but is there a debt reduction company we can use to get those bills paid off instead? Thanks in advance.Jennifer

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