Author Topic: please help-my credit card debt is BAD  (Read 12088 times)

NaturalWonder83

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please help-my credit card debt is BAD
« on: December 22, 2012, 01:18:16 PM »
No one ever taught me how to use a credit card
life was good for a while
go out for dinner-charge it
order pizza-charge it
pay my bills-charge it
buy supplements-charge it
now my cards are maxed for a total of 4500 dollars in debt

looked into western sky loans-the commercial with the indian girl-for a 5000 loan the apr is 376. 67% and it would cost me 40000 to pay it off

im thinking of taking a personal loan at the bank where we have our mortage-they would directly pay off my cards and i would make 1 monthly payment to the bank
the apr would be 11% and my montly payment would be like 120-140-obvioulsy ill pay more than the 140 if i can
i also plan on locking away my cards and only using them in emergency
and only pay cash for stuff-and start putting money away to save

any advice??
w

G_Thang

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Re: please help-my credit card debt is BAD
« Reply #1 on: December 22, 2012, 01:21:02 PM »
No one ever taught me how to use a credit card
life was good for a while
go out for dinner-charge it
order pizza-charge it
pay my bills-charge it
buy supplements-charge it
now my cards are maxed for a total of 4500 dollars in debt

i looked into western sky money loans-the commercial with the native american girl-for a 5000 loan the apr is 376. 67% and it would cost me 40000 to pay it off

im thinking of taking a personal loan at the bank where we have our mortage-they would directly pay off my cards and i would make 1 monthly payment to the bank
the apr would be 11% and my montly payment would be like 120-140-obvioulsy ill pay more than the 140 if i can
i also plan on locking away my cards and only using them in emergency
and only pay cash for stuff-and start putting money away to save

any advice??

prosper.com, if your credit score is above 660 or so.  lenders covered a girlfriend of mine for 7,000 @ 8.95 for 36 mths.  she paid it off in about 22 mths.

freespirit

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Re: please help-my credit card debt is BAD
« Reply #2 on: December 22, 2012, 01:21:19 PM »
 ;)

Marty Champions

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Re: please help-my credit card debt is BAD
« Reply #3 on: December 22, 2012, 01:21:44 PM »
few questions

1 do you even lift?

2 have you considerd washing clothes in the bathtub, it could save your water bill plus you can sell you washer and dryer . if you wash your own clothese you can pump your arms thus you dont have to by that andropump NO blaster powedr
A

Marty Champions

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Re: please help-my credit card debt is BAD
« Reply #4 on: December 22, 2012, 01:22:56 PM »
get lean with ramen noodles, canned green beans spend 5 dollar max on food a day
A

hrspwr1

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Re: please help-my credit card debt is BAD
« Reply #5 on: December 22, 2012, 01:23:10 PM »
1st rule of how to save money - quit spending.

G_Thang

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Re: please help-my credit card debt is BAD
« Reply #6 on: December 22, 2012, 01:23:38 PM »
don't pay attention to the dumbasses, go to prosper.com and see if you fit the profile.  get a damn pier loan and make the payments on time.  

Marty Champions

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Re: please help-my credit card debt is BAD
« Reply #7 on: December 22, 2012, 01:25:50 PM »
1st rule of how to save money - quit spending.
are you still plumbing? why dont you give him a cut of your pay i think hes willing to have some part time help if you need it
A

mass243

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Re: please help-my credit card debt is BAD
« Reply #8 on: December 22, 2012, 01:26:03 PM »
few questions

1 do you even lift?

2 have you considerd washing clothes in the bathtub, it could save your water bill plus you can sell you washer and dryer . if you wash your own clothese you can pump your arms thus you dont have to by that andropump NO blaster powedr

hahaha solid piece of advice  ;D ;D

NaturalWonder83

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Re: please help-my credit card debt is BAD
« Reply #9 on: December 22, 2012, 01:26:14 PM »
don't pay attention to the dumbasses, go to prosper.com and see if you fit the profile.  get a damn pier loan and make the payments on time.  

thank you i will look into it
w

WOOO

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Re: please help-my credit card debt is BAD
« Reply #10 on: December 22, 2012, 01:29:45 PM »
earn more income

tbombz

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Re: please help-my credit card debt is BAD
« Reply #11 on: December 22, 2012, 01:30:44 PM »
I believe there are debt consolidation services that can give you the one monthly payment option without the need for taking out a loan.


also, these credit card companies (banks) will almost always let you off the hook for considerably less than you owe if you are willing to play hardball and maybe take a couple hits to the credit score in the process.

;)
bullshit. people aren't forced into debt. they choose it.

NaturalWonder83

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Re: please help-my credit card debt is BAD
« Reply #12 on: December 22, 2012, 01:31:37 PM »

 bullshit. people aren't forced into debt. they choose it.
agreed
w

NaturalWonder83

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Re: please help-my credit card debt is BAD
« Reply #13 on: December 22, 2012, 01:33:17 PM »
if any members would want to loan me the money-like 3000 dollars that would be cool
if the shoe was on other foot if i had the money and u asked me i would give u the money
w

G_Thang

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Re: please help-my credit card debt is BAD
« Reply #14 on: December 22, 2012, 01:33:45 PM »
I believe there are debt consolidation services that can give you the one monthly payment option without the need for taking out a loan.


also, these credit card companies (banks) will almost always let you off the hook for considerably less than you owe if you are willing to play hardball and maybe take a couple hits to the credit score in the process.
 bullshit. people aren't forced into debt. they choose it.

man, don't read this shit!  do the pier loan.  if you are a home owner, you will get AA rate, which runs under 7%.  debt consolidation service  ::)

and no, they won't.  BofA all but fucked up my line of credit for grad school.

Go suck a dick, tbombz!  

freespirit

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Re: please help-my credit card debt is BAD
« Reply #15 on: December 22, 2012, 01:34:39 PM »

 bullshit. people aren't forced into debt. they choose it.

You're just another brainwashed dumbfuck, monkyboy.  :D

bradistani

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Re: please help-my credit card debt is BAD
« Reply #16 on: December 22, 2012, 01:38:15 PM »
our grandparents had the right idea.. if you can't afford it, don't fucking buy it. seems simple enough to me  :-\

NaturalWonder83

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Re: please help-my credit card debt is BAD
« Reply #17 on: December 22, 2012, 01:39:48 PM »
our grandparents had the right idea.. if you can't afford it, don't fucking buy it. seems simple enough to me  :-\
agreed
i know that now
w

Kwon_2

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Re: please help-my credit card debt is BAD
« Reply #18 on: December 22, 2012, 01:44:09 PM »
Bad credit-rating NaturalWonder?

Then down to Tier 6 for you according to Bay!

NaturalWonder83

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Re: please help-my credit card debt is BAD
« Reply #19 on: December 22, 2012, 01:44:57 PM »
Bad credit-rating NaturalWonder?

Then down to Tier 6 for you according to Bay!

my credit is good-very good
w

Grape Ape

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Re: please help-my credit card debt is BAD
« Reply #20 on: December 22, 2012, 01:45:01 PM »
Call the credit card company and negotiate.  See if you can suspend the interest.

Then, go spartan in terms of spending until it's gone.  It will be a small blip on your radar.
Y

NaturalWonder83

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Re: please help-my credit card debt is BAD
« Reply #21 on: December 22, 2012, 01:45:34 PM »
Call the credit card company and negotiate.  See if you can suspend the interest.

Then, go spartan in terms of spending until it's gone.  It will be a small blip on your radar.
ive done that
w

lovemonkey

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Re: please help-my credit card debt is BAD
« Reply #22 on: December 22, 2012, 01:46:58 PM »
In before BayGBM posts a link to an old thread.
from incomplete data

funk51

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Re: please help-my credit card debt is BAD
« Reply #23 on: December 22, 2012, 01:47:12 PM »
sell a kidney you have two for crying out loud  ;D
F

freespirit

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Re: please help-my credit card debt is BAD
« Reply #24 on: December 22, 2012, 01:51:20 PM »
 :D