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Jul
19

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getting out of debt
Princess asked:


I have some credit card debt from college (around 8000) I have not been late on a payment in over a year, however I was looking into care one credit to consolidate these. I have already attempted to call the companies and request lower interest rates since they are sky high (one went from 22.9 to 20.9 whoo hoo). My credit score is 632 . Can anyone tell me if this would be a good thing to do at this time. I really want to pay these off. Any suggestions would be helpful.

Jaden
getting out of debt
Brian asked:


Right now, I have two main credit cards. One has a 7500 credit limit and the other has a 6000 credit limit. The balances on these are 7800 and 6700 respectfully. They are way over the limit and I want to get them down quickly. Should I put all my efforts into one of them or split it up between the both of them? Also, both interest rates are about the same.

Austin
getting out of debt
hazelkatana asked:


I am about $50K in debt and the bills seem to never go away! I don’t have many bills but the bills I do have are big. The interest rates are high. It seems like I can’t get anything lower than 33% interest. Any advise/tips would be great! I am tired of getting paid and not being able to enjoy any of it!

Melanie