I Want the Government to Pay Off My Credit Card Debt. – Mel

by

HOW DO I GET GOVERNMENT HELP TO PAY OFF CREDIT CARD DEBT THAT I HAVE OWED FOR A LONG TIME. FROM PREVIOUS MARRIAGE. IT IS STRESSING ME OUT. NEED SOME ADVISE TO GET OUT OF THIS MESS I AM IN. CAN YOU HELP

MEL




This reader question was submitted for site members to answer.

This is your chance to be a hero and help out this person by providing your feedback and answer to the question. Post your response in the comments section below.

If you have a credit or debt question you’d like to ask just use the online form.


Damon Day - Pro Debt Coach

author avatar
Steve Rhode Debt Coach and Author
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
See Full Bio
Consumer Debt Consumer Bankruptcy How to Get out of Debt Money Troubles Money Personalities Budgeting Behavioral Economics Motivation Inspiration Money Management The History of Credit and Debt Getting Out of Debt Get Out of Debt Debt Settlement Credit Counseling Loan & Debt Relief Scams Debt Relief Industry Practices Exposing Deceptive Financial Services Helping Consumers Navigate Financial Hardship Consumer Advocacy Consumer Debt Expert Consumer Protection Debt Relief Scam Student Loan Bankruptcy Debt Validation Debt and Mental Health Student Loans Debt Consolidation Debt in the Military
social network icon social network icon social network icon social network icon social network icon

6 thoughts on “I Want the Government to Pay Off My Credit Card Debt. – Mel”

  1. There are people claiming the government has some program to pay off your debts. They are usually con artists who want to take a “processing fee” from you and then you never hear from them again.

    The U.S. Government is not a Dutch Uncle, unless your name is Lockheed or Boeing. No free lunch for stuff you rang up on your credit card, sorry.

    The best you can do is work out a payment plan with your credit card company – reduce the interest rate, etc. Or rollover to a new card at a lower rate or to a home equity loan (yea, I know, good luck with that, today!).

    Cut up those credit cards. Sell off some stuff – if you have a hobby car, jet ski, fishing boat, or whatever, bite the bullet, swallow your pride and sell the “stuff” and pay off the debt. I know it is hard, but I can tell you first hand it feels much better to own less “stuff” and have less debt.

    Good Luck.

    Reply

  2. There are people claiming the government has some program to pay off your debts. They are usually con artists who want to take a “processing fee” from you and then you never hear from them again.

    The U.S. Government is not a Dutch Uncle, unless your name is Lockheed or Boeing. No free lunch for stuff you rang up on your credit card, sorry.

    The best you can do is work out a payment plan with your credit card company – reduce the interest rate, etc. Or rollover to a new card at a lower rate or to a home equity loan (yea, I know, good luck with that, today!).

    Cut up those credit cards. Sell off some stuff – if you have a hobby car, jet ski, fishing boat, or whatever, bite the bullet, swallow your pride and sell the “stuff” and pay off the debt. I know it is hard, but I can tell you first hand it feels much better to own less “stuff” and have less debt.

    Good Luck.

    Reply

  3. I’ve talked to countless people over the years who thought the government was going to bail them out. These programs do not exist. I’m sorry.

    Reply

Leave a Comment