Great post! I would also say if you are trying to get out of debt, get enough income to at least make all the minimum payments, use all extra money to kill the smallest debt first. Basically we need to stop being lazy and if a second job is needed, go get one until the debt is gone. DO NOT INCUR MORE DEBT! It seems that once a credit card is paid off people think we can charge again. STOP IT! Pay in cash. Maybe you need to sell some stuff on eBay or Craiglist, but please work to get rid of your debt. No settelement companies are needed. Work directly with the credit card companies to settle. Get it in writing and SAVE THAT DOCUMENT!
These are great forums, come back here constantly for the good advice.
Sincerely,
The Family Finance Guide
Last edited by disneysteve : 09-27-2011 at 05:26 AM.
Reason: link posting violation
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