I Have Credit Cards Up the Ass. I’d Like to Pay Everything Off. – Tammy

“Dear Steve,

just have a lot of credit cards and paying a lot every month i would like to pay everything off and have 1 payment

so i have credit cards up the ass and i can pay my bills every month on time and somewhat over the min. payment due but all together if i just pay the min. payments i am paying about 650.00 to 750.00 a month i am trying to find a loan to consolidate it into one payment and would like to pay it all off and up my credit score which is about (617) but because my score is so low no one will lend to me any ideas??? thanks,T.


Dear Tammy,

It is still possible to get an unsecured debt consolidation loan. Networks like Prosper and Lending Club make it possible.

Of course your access to these loans will be based on your credit score. And unfortunately a score of 617 is going to be below their threshold.

If you can make the minimum payments and still save a bit each month, one approach that might make sense is a credit counseling program. In their debt management plan your interest rates will be reduced.

These programs work well if you can make all five years of payments.

I’d suggest you first read How to Get Out of Debt. The Honest and Unvarnished Truth and The Truth About The Success Rates, Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy. They will give you a great overview of what we need to deal with to get you moving in the right direction.

Then use the free How to Get Out of Debt Calculator to review your options.

Once you’ve identified a company you want to work with, then follow my step-by-step guide on what you should look for and expect from a good debt relief company.

Please post your responses and follow-up messages to me on this in the comments section below.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

Do you have a question you'd like to ask me for free? Go ahead and click here.
Damon Day - Pro Debt Coach

See also  I'm Making My Minimum Payments But It's Getting Tough. - Barbara
Follow Me
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.
Steve Rhode
Follow Me

Leave a Comment