My debt is pushing me over the edge... what should I do?!?
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First, cry, the situation warrants it. Now thats out of the way. You have a few options, since I'm completely aware of your entire situation, I cant tell what your best option would be.
1. Change your name to 'Nixon Carmichael', get a new identity, SS# and DL and move to another state. Preferably one like California that has liberal ID and housing laws.
2. DEBT Consolidation. For some people this works, others still struggle. Give the low amount that youre behind, it may be worth looking.
3. Credit Counseling. *shudders* While these people are a bunch of weasel-d*cks, they've been known to help every now and again.
4. Best option: Get a full time job and works your a&& off until your debt is paid up to a reasonable, liveable amount. This is what most people do.
-J.
My debt is pushing me over the edge... what should I do?!?Call and see if you can get the credit card company to lower your interest rate - way down. If not, then look into moving the balance to a zero-interest balance transfer card - just be careful! Lots of those deals have a rate that goes way up later on, but it is a temporary relief from accruing so much interest. See if your current credit card company will work with you first. Tell them if they don't you'll move the balance to a card with a different company.
As for the bank, call your original loan officer and tell them you want to make good on your loan but may need to refinance or make a different payment plan to avoid falling behind. You may have to pay a higher interest rate but you may be able to negotiate a lower payment or more payments over time so that you can keep up.
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