Comments on: Help Me Out! http://www.citysparkledc.com/2007/10/help-me-out/ A formerly anon blogger, trying to make it honest Mon, 18 Jan 2010 01:26:21 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: suicide_blond http://www.citysparkledc.com/2007/10/help-me-out/#comment-7906 suicide_blond Sat, 06 Oct 2007 15:37:31 +0000 http://citysparkle.wordpress.com/2007/10/05/help-me-out/#comment-7906 hey kiddo.. im with velvet...there are some serious scams.. BUT there are some legit ones as well..the good news is... i believe most of the legit ones....are free.. credit "counseling"... but before you go to them..valley girl is right... call them yourself..if you are not late and have good credit..just tell them you want the best rate you qualify for... good luck xoxo hey kiddo..
im with velvet…there are some serious scams.. BUT there are some legit ones as well..the good news is…
i believe most of the legit ones….are free..
credit “counseling”…
but before you go to them..valley girl is right… call them yourself..if you are not late and have good credit..just tell them you want the best rate you qualify for…
good luck
xoxo

]]> By: Asian Mistress http://www.citysparkledc.com/2007/10/help-me-out/#comment-7909 Asian Mistress Sat, 06 Oct 2007 13:04:02 +0000 http://citysparkle.wordpress.com/2007/10/05/help-me-out/#comment-7909 Thanks guys, very helpful :) I'm not behind on any payments, and I do try to spread things out when I can - but mostly everything is due between the 15th and 1st of each month.... And Valley Girl - already have a huge loan taken out that I'm currently paying - it's about equal to the credit cards I have. Yes, I know I fail. Hah. Thanks guys, very helpful :)

I’m not behind on any payments, and I do try to spread things out when I can – but mostly everything is due between the 15th and 1st of each month….

And Valley Girl – already have a huge loan taken out that I’m currently paying – it’s about equal to the credit cards I have.

Yes, I know I fail. Hah.

]]> By: Valley Girl http://www.citysparkledc.com/2007/10/help-me-out/#comment-7908 Valley Girl Sat, 06 Oct 2007 06:26:20 +0000 http://citysparkle.wordpress.com/2007/10/05/help-me-out/#comment-7908 Sweetie, don't do it! DON'T DO IT! Velvet is right. In the end it will only hurt your credit--creditors can see if you've participated in "debt consolidation" programs such as these and they look very bad on your credit report. My best advice to you is call up each creditor yourself and try to negotiate a lower interest rate. Often times, all it takes is for you to ask. Also, if you haven't already done so, spread out your payment due dates strategically so that all of your large payments aren't due at, say, the first of the month. This might ease your reliance on your cards when you're short on cash. If you're attracted to the ease of just making one payment, why not take a large loan out with a reasonable interest rate, pay off your debts, and then just worry about that single loan? I have some other tips (passed onto me by other people/sources), but I kind of feel like a hypocrite giving you advice. Good luck on whatever you decide. Sweetie, don’t do it! DON’T DO IT! Velvet is right. In the end it will only hurt your credit–creditors can see if you’ve participated in “debt consolidation” programs such as these and they look very bad on your credit report.

My best advice to you is call up each creditor yourself and try to negotiate a lower interest rate. Often times, all it takes is for you to ask.

Also, if you haven’t already done so, spread out your payment due dates strategically so that all of your large payments aren’t due at, say, the first of the month. This might ease your reliance on your cards when you’re short on cash.

If you’re attracted to the ease of just making one payment, why not take a large loan out with a reasonable interest rate, pay off your debts, and then just worry about that single loan?

I have some other tips (passed onto me by other people/sources), but I kind of feel like a hypocrite giving you advice.

Good luck on whatever you decide.

]]> By: Velvet http://www.citysparkledc.com/2007/10/help-me-out/#comment-7907 Velvet Sat, 06 Oct 2007 05:50:53 +0000 http://citysparkle.wordpress.com/2007/10/05/help-me-out/#comment-7907 Hmm. I have heard second hand that these programs are a scam. They ruin your credit. But, I also have a friend who was $45,000 in the hole and she went with one of these agencies and they consolidated, knocked her interest, and gave her a 5 year payoff. I'll ask her what the company was and email it to you. Google the shit out of whatever company you decide. And I *think* the answer is no on the car payment, only because the payments going forward you have technically NOT incurred yet. They probably wouldn't let you roll that in unless you were several months behind. The payments on your credit cards are for transactions that have already occurred. The car is just in separate payments due every month. Yes, it will knock your credit score down. I've heard that from several people. And I don't know about the personal loan payment. Hmm. I have heard second hand that these programs are a scam. They ruin your credit. But, I also have a friend who was $45,000 in the hole and she went with one of these agencies and they consolidated, knocked her interest, and gave her a 5 year payoff. I’ll ask her what the company was and email it to you.

Google the shit out of whatever company you decide. And I *think* the answer is no on the car payment, only because the payments going forward you have technically NOT incurred yet. They probably wouldn’t let you roll that in unless you were several months behind. The payments on your credit cards are for transactions that have already occurred. The car is just in separate payments due every month.

Yes, it will knock your credit score down. I’ve heard that from several people.

And I don’t know about the personal loan payment.

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