“Dear Steve,
I am in credit card debt of more than $10,000, and need help managing my debt and restoring my credit rating can you help me or do do you know of an honest organization that will. I lost a high paying job right before the economy went bad and am working for half of what I previously made. I am in this situation because I have always mismanaged my money and I need some help creating good habits and I am being hounded by these companies now. would appreciate some help. Thank you
Can you help me or suggest an honest company that I can work with? Thank you.
Robert”
The Answer:
Dear Robert,
If you can afford the minimum payment on your debt of about $230 a month then I’d suggest you click here for credit counseling information. That approach could give you a fixed monthly payment and can get you back on track.
You might also want to investigate the Mvelopes online budgeting method to give you real time feedback on managing your money.
Rebuilding your credit is going to take time and getting new credit in the future to use and pay on time so it is reported to the credit bureaus. No legitimate company can wave a magic wand and make it better.
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.