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credit card debt??

they won't stop calling i gave them what i could, but havent been able to pay anything the past two months, I'm afraid of loosing what we have, has anyone ever been here, what can i do?

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Anonymous

Asked by Anonymous at 3:30 AM on Oct. 1, 2008 in Money & Work

Answers (13)
  • what do you mean losing what you have....??
    MiraclesDHappen

    Answer by MiraclesDHappen at 3:31 AM on Oct. 1, 2008

  • see if you can get a lower interest rate. more than half of your payment goes to interest, so its harder to pay it off. also, the national average is 17.5%... try contacting Premiere savings its a company i work for, they consolidate all your debt with credit cards to one new card with a interest rate of 8-9% so it gets paid off faster and the credit card people are off your back.
    Anonymous

    Answer by Anonymous at 3:33 AM on Oct. 1, 2008

  • well our home, our cars.... we just have some many bills, i haven't been able to pay for the credit card, and not really sure when i can give them more money
    Anonymous

    Answer by Anonymous at 3:34 AM on Oct. 1, 2008

  • can they put liens on your house and vehicles? even if you dont have them paid off
    Anonymous

    Answer by Anonymous at 3:36 AM on Oct. 1, 2008

  • yes they can, they can also reposess your car or take your house away.
    Anonymous

    Answer by Anonymous at 3:38 AM on Oct. 1, 2008

  • how can they take something, thats not in your name, that your not done paying on?
    Anonymous

    Answer by Anonymous at 3:47 AM on Oct. 1, 2008

  • If you havent paid it when it is supposed to be paid, they have the right to take it. why should you keep something you havent paid on?
    Anonymous

    Answer by Anonymous at 3:50 AM on Oct. 1, 2008

  • i am talking about our house and cars, we didn't use our credit cards for them.... i mostly used the credit card for buying food and doctor bills...
    Anonymous

    Answer by Anonymous at 3:53 AM on Oct. 1, 2008

  • what? they wont take your house or car if you have paid on them on time and regularly. if you havent paid your credit card then they will keep calling you and higher your interest rates and kill your credit.... but they wont take your house and car from you??
    Anonymous

    Answer by Anonymous at 3:56 AM on Oct. 1, 2008

  • Would you be able to take out a home equity or second mortgage? When you realized you couldn't pay your bill did you contact the credit card company to work something out or did you just ignore it hoping the problem would go away? The only person who can reposs something is the one you owe the money to. The bank that holds your car loan can reposs the car cause that's their collateral. The bank you owe money to on your credit card can not. They can send your account to a collections agency who can garnish your wages, take your tax returns, and possibly tap your savings or retirement accounts.
    roxy85

    Answer by roxy85 at 3:58 AM on Oct. 1, 2008

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