Comments on: Have You Heard of the National Debt Crisis Center? – Eric http://getoutofdebt.org/10618/have-you-heard-of-the-national-debt-crisis-center-eric Free debt help and debt advice on how to get out of debt, getting out of debt consolidation scams, and inside information on the debt relief and debt help industry. Fri, 25 May 2012 02:12:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Steve Rhode http://getoutofdebt.org/10618/have-you-heard-of-the-national-debt-crisis-center-eric#comment-19878 Steve Rhode Thu, 25 Feb 2010 16:29:47 +0000 http://getoutofdebt.org/?p=10618#comment-19878 Beverly, Does your question have something to do with the National Debt Crisis Center? I'm confused. Steve Beverly,

Does your question have something to do with the National Debt Crisis Center? I’m confused.

Steve

]]> By: Beverly Cappadonia http://getoutofdebt.org/10618/have-you-heard-of-the-national-debt-crisis-center-eric#comment-19876 Beverly Cappadonia Thu, 25 Feb 2010 16:20:28 +0000 http://getoutofdebt.org/?p=10618#comment-19876 I have three credit cards two I am getting paid down (interest on these is ok) but the third one with the biggest amount 9,000.00 is taking about 114.00 out of a payment of 200.oo per month. the interest rate is 13% and I always pay over the minimum payment and unntil this time have always bee on time with my payment. The bank has an 800 number to call but I have waited on that line for 20 or 30 minutes at a call. anyway I can get help with this mess? I have three credit cards two I am getting paid down (interest on these is ok) but the third one with the biggest amount 9,000.00 is taking about 114.00 out of a payment of 200.oo per month. the interest rate is 13% and I always pay over the minimum payment and unntil this time have always bee on time with my payment. The bank has an 800 number to call but I have waited on that line for 20 or 30 minutes at a call. anyway I can get help with this mess?

]]> By: Shaun http://getoutofdebt.org/10618/have-you-heard-of-the-national-debt-crisis-center-eric#comment-19249 Shaun Tue, 02 Feb 2010 14:22:17 +0000 http://getoutofdebt.org/?p=10618#comment-19249 What if my credit score has already taken a big hit because I can't handle the current payments on my line of credit. If I go with a debt settlement company to lower my payments and take the initial hit in credit, will making the new payments improve my score over time? How long? I would love to hear some sound advice from you on my situation, just let me know the answer to this question and I will let you know more. What if my credit score has already taken a big hit because I can’t handle the current payments on my line of credit. If I go with a debt settlement company to lower my payments and take the initial hit in credit, will making the new payments improve my score over time? How long? I would love to hear some sound advice from you on my situation, just let me know the answer to this question and I will let you know more.

]]> By: Steve Rhode http://getoutofdebt.org/10618/have-you-heard-of-the-national-debt-crisis-center-eric#comment-17550 Steve Rhode Fri, 18 Dec 2009 22:07:52 +0000 http://getoutofdebt.org/?p=10618#comment-17550 Adam, Pretty damn bad. Steve Adam,

Pretty damn bad.

Steve

]]> By: Adam J Hilton http://getoutofdebt.org/10618/have-you-heard-of-the-national-debt-crisis-center-eric#comment-17548 Adam J Hilton Fri, 18 Dec 2009 21:10:22 +0000 http://getoutofdebt.org/?p=10618#comment-17548 How is it that the NDCC says you can pay off your debt for less than you owe? I'm assuming that they negotiate with the credit card company to settle for less. I wonder how bad that dings your credit. How is it that the NDCC says you can pay off your debt for less than you owe? I’m assuming that they negotiate with the credit card company to settle for less. I wonder how bad that dings your credit.

]]> By: Steve Rhode http://getoutofdebt.org/10618/have-you-heard-of-the-national-debt-crisis-center-eric#comment-17443 Steve Rhode Wed, 16 Dec 2009 18:52:36 +0000 http://getoutofdebt.org/?p=10618#comment-17443 Karen, Depends, what is your situation? Steve Karen,

Depends, what is your situation?

Steve

]]> By: Karen http://getoutofdebt.org/10618/have-you-heard-of-the-national-debt-crisis-center-eric#comment-17442 Karen Wed, 16 Dec 2009 18:46:04 +0000 http://getoutofdebt.org/?p=10618#comment-17442 will this effect my credit score? will this effect my credit score?

]]> By: Steve Rhode http://getoutofdebt.org/10618/have-you-heard-of-the-national-debt-crisis-center-eric#comment-16713 Steve Rhode Thu, 19 Nov 2009 17:20:41 +0000 http://getoutofdebt.org/?p=10618#comment-16713 Eric. Yep, it sounds like they were talking about a plain vanilla debt management or credit counseling approach in your case. In a debt management plan the cards would be closed by the creditors and that would lower your credit score. A better solution, that's free, might just be to not use those cards anymore and to schedule an automatic minimum monthly payment with your bank, what ever it is right now, and send that to the cards each month. This approach will not get you an interest reduction but it will actually build your credit and pay off the cards. Steve Eric.

Yep, it sounds like they were talking about a plain vanilla debt management or credit counseling approach in your case. In a debt management plan the cards would be closed by the creditors and that would lower your credit score.

A better solution, that’s free, might just be to not use those cards anymore and to schedule an automatic minimum monthly payment with your bank, what ever it is right now, and send that to the cards each month. This approach will not get you an interest reduction but it will actually build your credit and pay off the cards.

Steve

]]> By: eric http://getoutofdebt.org/10618/have-you-heard-of-the-national-debt-crisis-center-eric#comment-16710 eric Thu, 19 Nov 2009 16:42:53 +0000 http://getoutofdebt.org/?p=10618#comment-16710 i have 3 credit cards and i hate having to remember the due dates for each one. I just got bumped up to high interest on one of them. total debt is 5525.23. who do you recommend for consolidating the three cards. NDCC wanted $150 per month and it would take 4 years. there was a 29 per month fee in that 150 per month. thanks eric i have 3 credit cards and i hate having to remember the due dates for each one. I just got bumped up to high interest on one of them. total debt is 5525.23. who do you recommend for consolidating the three cards. NDCC wanted $150 per month and it would take 4 years. there was a 29 per month fee in that 150 per month.

thanks

eric

]]>