Over a period of 10 years or so, I have increased my American Express debt to $37,000. I own a home improvement business, and have been putting material costs on this card. My monthly minimum payment is over $700, and I try and pay at least $1000 a month to it, but it is becoming extremely difficult to continue this.
I’ve tried to increase my business line of credit at the bank in order to pay off my American Express bill, but the bank will not do it. What is an honest, affordable solution to reducing my debt? I am aware that there are many scams out there, and I want to steer clear of them.
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