Is the solution to our debt problem to spend money that we don’t have?
lordfrig-That’s a huge exaggeration lol but I see your point.
But how is it a barrier to get rid of Medicare taxation and benefits for the NEW generations that have never paid into them? They don’t pay into it, and that part of our debt vanishes with no huge dilemmas.
I have a good job, but my bills seem to be more than my paycheck. I have student loans to pay on, and bills that my ex husband helped me run up. Does anyone have some sort of solution to help me get out of this problem. I don’t want to file for bankrupcy, and I don’t trust debt consolidation places. I’ve talked to the collection agencies and all, and they are working with me the best they can, but they can only help so much…they need their money. Please! Any advice?
Also, I have no car to sell, I don’t drink, smoke, ect. so there are no luxuries. Literally, I get my paycheck, pay bills, go grocery shopping, and buy baby stuff, then, I’m flat ass broke until next payday.
Because I don’t have any reciepts from when I was married to my ex, I can’t get any kind of payment from him. I know, I tried.
I make my payments on time every month to my cards, but wont be able to soon.
I have reached out to my 2 credit cards numerous times telling them I may file for bankruptcy and they wont get anything, and asking for them to lower interest rate so I can make my monthly payments and actually see my balance go down instead of mostly toward interest. I was refused on any time of payment plan, settlement offer, or interest rate reduction.
NEXT: I spoke at length with Take Charge America, who will set me up on a 5 year payment plan (after the banks negotiate with THEM apparently), and I will pay off my full balance in 5 years, along with about k in interest and 00 or so in fees to the company. Cards will be closed.
OR: I use Credit Solutions and I default on my cards so they can negotiate with the banks on my behalf and present me with settlement amounts which could be half if not more of the balance! I pay them 0. for 18 months and my debts to cards is paid within 36 months, if not sooner, at almost k less than what I owed.
BUT: Credit solutions has many scary reviews online. I spoke at length with 2 of their reps and they explained the process to me and it sounds like garden variety debt settlement, so.. i dunno. Which company? Anyone have any experience with either?
I also just called the collection dept. of my cards again and told them all this, can THEY offer me a settlement or payment plan so that there are no 3rd parties and the bank gets their money. They said nope, sorry. So i am kind of backed into a corner of having to use one or the other
I think that the government should cut spending and foreign aid. Taxes should also be raised. We need a lot of money to pay off this debt and get the social security system floating, and the only reasonable solution that I see is to do what I suggested previously. What do you think we should do about it? Do you even think that we should pay for the debt? I do not like the fact that China and Saudi Arabia could choose not to buy our debt at any time. I have always learned that if you do not have the money for something, then do not buy it. So, what do you suggest we do about the national debt?
I know a lot of people ask questions on this but their specifics aren’t usually mentioned except some things that don’t pertain to us. So, my family is around k in C.C. and medical debt. We both had surgeries last year and our insurance sucked so our out of pocket was around k total.
We relocated because our jobs were being terminated and we both, luckily, got jobs but we took about a k hit in combined salaries. We are making ends meet in the sense that minimum payments are being made but it leaves no money for us to even buy groceries. We are on the edge because we do have a 3yr old and eating ramen is not an option. Though, we make too much for assistance. We do not own a house anymore and we have a paid off 2002 car worth around k and a newer car with a lease unfortunately. In better times, we’d be fine but we don’t see any raises coming within the next few years so we need to change something so we can breath and sleep at night without defaulting on all of our bills.
Any suggestions other than Debt consolidation? We have a average combined credit score (which dropped by 60 points within the last year) of 618 if that matters. Our goal is to pay off things without affecting our credit score negatively. Short Term solutions? Long Term?
Thank you for any suggestions.
I have a couple of months off from university and would like to do something which helps me develop creatively and/ or socially and which hopefully benefits others. Additionally I need to make some money out of it to pay off my student debt. The obvious solution would be to set up a small business but I am concerned about the initial expenditure. Any ideas?
I posted a question regarding collections calling about a debt that had been charged off from Chase. The company calling is Client Services Inc. States that they didn’t buy the debt from Chase they’re collecting for them period.
I researched debt consolidation companies, and called friends who have dealt with this, and CareOne Credit Counsel was ultimately choosen. They were very kind and professional. At the end of the counsel session, going over our budget etc…we set everything up, and they gave me a number for collections to call if they called again.
Ofcourse they called, I told the collector what we had done and that CareOne would be paying the original creditor. That we wanted to pay this off and this was the only way we could. They stated they wouldn’t work with them, no way, and we had to pay this off now, or face legal action.
They say they work for Chase, they have the charge off turned over to them. Not bought but turned over. I don’t know who to believe here. The careone credit solutions who states they do this all the time and gave me proof, or the collections people who say, they gave me a settlement, but never gave me anything in writing and even now don’t want to since I said we don’t have the money right now.
What do I do here??? This is our only ding on our credit. We are military and on a SLIM budget. I just wonder if someone out there has dealt with a situation like this? What to do, who to believe???
Okay I am a 20 year old male. I am in debt for exactly 92.. I know right what kind of 20 year old owes that much right? Well I do..I am in a really big mess and I need some help to figure out what I should do to get out of this mess. I owe my cards about 00 and I owe one person 00 and this other guy 50.. I didn’t borrow money from a loan shark or nothing like that..so I am not in no trouble. But man for a 20 year old who owes that much is crazy..I need a resolve to my problem. The main reason why I got in so much debt was because of gambling though..I do have a job only working 2 days out of a week at a resturant and bar..but thats not enough I need more.. if anybody could give me some solutions to my problem that be great.
I make my payments on time every month to my cards, but wont be able to soon.
I have reached out to my 2 credit cards numerous times telling them I may file for bankruptcy and they wont get anything, and asking for them to lower interest rate so I can make my monthly payments and actually see my balance go down instead of mostly toward interest. I was refused on any time of payment plan, settlement offer, or interest rate reduction.
NEXT: I spoke at length with Take Charge America, who will set me up on a 5 year payment plan (after the banks negotiate with THEM apparently), and I will pay off my full balance in 5 years, along with about k in interest and 00 or so in fees to the company. Cards will be closed.
OR: I use Credit Solutions and I default on my cards so they can negotiate with the banks on my behalf and present me with settlement amounts which could be half if not more of the balance! I pay them 0. for 18 months and my debts to cards is paid within 36 months, if not sooner, at almost k less than what I owed.
BUT: Credit solutions has many scary reviews online. I spoke at length with 2 of their reps and they explained the process to me and it sounds like garden variety debt settlement, so.. i dunno. Which company? Anyone have any experience with either?
I also just called the collection dept. of my cards again and told them all this, can THEY offer me a settlement or payment plan so that there are no 3rd parties and the bank gets their money. They said nope, sorry. So i am kind of backed into a corner of having to use one or the other
I mean trust me if someone really wants to cross that border, they will find a way and usually with relative ease. What solutions are there for getting immigrants out of this country? they are just causing more debt, death, and cost of health care. We hand these immigrants a gold medal of honor for illegally sneaking into this country. Should we jail them? but even that right there would cost us a lot of money…if we deport them back they will keep sneaking over even if the wall is built.