I have had the same job for 5 years. He just started a new job but with more $ involved. I have 1 cc with a very low limit. We have two car payments, not on the bankrupcy.We are currently paying $1750 to rent (past 3 years).
217255
IF you have been in debt and didn't pay your bills and had to flake out on chap 13 maybe you don't need a loan rent like the rest of us poor people
114968
Paying $995 a month for 8 months is only about 14.3% interest. I doubt you will find a loan for less than that with bad credit. Since it is your son's education your going to have to pay high interest over a long period of time. Ask your son to pick up a little slack and get a part-time job. Good luck with your future.
659130
Contact all credit companies NOW. Tell them you Will not guarantee any additional purchases and you want the account closed. Follow up with a written letter. Keep a log of everyone you call with time and date.  Request a copy of his loan balance and the agreement you signed.   You need to establish a "cut off" point so if the credit companies continue to extend credit it will be at their own risk not yours.\n\nNext ask the "dead beat" if he has anything to sell you to pay off his debt. (Get anything you can. Something is better than nothing.) make a list of what you get and how much it is worth. Send that amount into the credit companies directly. Don't give the money to the "dead beat".  Ask for a lien on his car. Tell him that will help you get a loan if needed to pay off his debt.\n\nNow it's 10 days later. Ask the "dead beat" how much he can pay each month towards the debt. Don't put him into a situation he can't live with it will just be a bigger problem.  Now call the credit companies ask ask for a reduction in interest rate and a payment schedule that you can afford.\n\nNow comes the time to KICK yourself in the butt for doing a "verbal" agreement and letting it go this far.
388684
I work in the credit industry and there are several ways you can go about tackling this.  First off, take comfort in the knowledge that $6k is not a lot to owe, but if you don't pay it the right way, it will become a long term problem.\n\nStep one: contact your credit card companies and request that they lower your interest rate.  if you have been a good consumer they will most likely lower the rate... if you have not been paying on time and look like a risk, they will put up a fight... no matter what, do not give up on the idea that you can lower your interest rate...\n\nIf you have been on time tell them that you are considering obtaining a different card, and unless they can lower the rate you are simply going to transfer your balance to a new card and cancel the account.\n\nIf you have been bad at staying on time with your payments - then its time to get current and stay current.  After 6 months of being timely with your payments they will lower your APR.\n\n\nnext step is to develop a repayment plan... if you can out $200 per month toward the debt you should be done in under 3 yrs.  I would suggest that you set yourself up to pay your bills on line using an auto bill pay system, most banks offer this service free of charge and it is a quick way to have your payments go out.  Its also easy to track and manage.     Set yourself up to pay every 2 weeks.  ($6k means your monthly minimum is probably $120 - $135) try an set it so that you make this payment every time you get paid... the more money you can spare towards the debt the faster it will be paid off.\n\n\nIn the meantime you will also want to set up a household budget to see how much money is coming in and out of every dollar, how many pennies are being committed to bills.  Once you know what you have to work with it will be easier to plan out the upcoming months.\n\nIf you have a lot of extra cash that you can put toward the debt, make sure that you also set aside a reasonable amount into your savings account (if you have $150 that you can send to your card - send $130 and put $20 into savings) \n\nThe reason that you want to put money in savings is that you will begin to build up solvency - meaning that you won't have to rely on credit should some unexpected expense come up... (new tires, emergency repairs, etc)\n\nFinally, once you have paid off the debts, DO NOT STOP PAYING- only change where you are sending the money... what I mean is, put that $150 into your savings account so that you can start building up a bit of a nest egg.  Having accessable cash help to further stabilize your finances.  Everyone should have at least 6 months worth of living expenses available to them in their savings account.\n\nThis is an emergency fund that will prevent you from going back into debt should you lose your job, have to move or encounter a large expense down the road (want to buy a home, etc) \n\nThere are several professional services that can help such as Debt Management and Settlement Companies, but if you are responsible and can handle taking 3 hours a month to look over your situation you don't really need them.  Always be proactive with your debts, always look for ways to save.  With a little patience, self-control and determination you will be out of debt in no time.\n\nBest of luck to you.
662244
He should file now and you two start out fresh.  Keep separate accounts for now and both try to build up credit.  My husband had debt from previous marriage and it will effect you also.  Anything that shows up on his credit will affect you when you try to buy a house or both signatures are needed to make a big purchase such as a car.  Doesn't matter when it occurred.  I had to pay off my husbands utility bill from a previous marriage before the electricity could be turned on in our new place.
584981
Be up front and let them know that you have outstanding debt and how you're taking care of it.  Honesty, surprisingly, blows them away.  \n\nOffer to pay a larger deposit, right off the bat.  State you understand you do not have great credit and that you're taking steps to rectify that, but that you're willing to pay a higher deposit to make them more comfortable.\n\nTake a look at your credit report too, there are lots of free programs.  Make sure all of it is truly yours and that there are no duplicates.  Have answers ready so when a potential landlord pulls your credit, you can explain the mistakes and inconsistencies and show them you're pro-active at the same time!  Good luck!!
662128
Your credit only drops after running it more than 3 times within a quarter.  You can check with a loan officer you might know.  You can check with a rental agency.  It costs about 30 bucks.
368433
Starting life with a bankrupcy doesn't sound a very happy beginning to me, why not get a credit card with ZERO interest for 12 months then pay the debt with it?\nHowever if you are not working  this can be nothing more than a way of putting off the evitable but it will give you time asthough It really does little to correct the problem in the long term. That's why many people come back to debt negotiation as a way of getting out of their financial problems and starting fresh start.\nMore here: http://finance.ebookorama.com \nalso plenty more to read here\nhttp://credit.ebookorama.com\nhttp://credit-cards.ebookorama.com\nhttp://credit-repair.ebookorama.com\ngood luck!
290068
Live under your means.  This means you might be driving a car a lot longer than you might choose to, but if you own it outright, that is saving you car payments.  Don't eat out as much.  Be smart about debt.  Pay off as much as you can toward your credit card each month.  This really hurts in the short term--you have to cut using the card AND make bigger payments.\n\nIt took me a long time to get in front of the 8-ball myself.  I am not rich, but I don't owe anyone any money except for my mortgage.  My mortgage is low and I am making accelerated payments toward principal with the goal of owning the house outright in 3 years.  My car is 13 years old and isn't exactly pretty anymore, but I haven't had a car payment in 10 years.  I can take months off at a time without working because I have such low debt.  That in itself is a huge security.  Living paycheck to paycheck sucks, you never feel in control of your life.  Start taking control, every dollar you can save can go toward your debt and get you on that road to being debt free all that much sooner.\n\nGood luck!
8477
I can speak from experience here.  I do not have a very high score I think it is in the low 600's.  I think the main reason is that people are still able to get credit while having a score this low.  You may have to pay a higher interest rate but you can still get a car and a house.  I know I have a mortgage and I just refinanced for a slightly lower fixed rate at 4.5% interest.  I don't think that is too bad for someone with below average credit.  We all should care more about our credit. We just have champagne taste on a Boone's Farm budget.
357896
Until very recently I worked 50-60 hours/week at what was considered a decent hourly rate, yet barely managed to get all of my monthly bills paid.  Let me assure you I am not one of those people who buys the latest anything.  I don't eat out, get my hair/nails done, have expensive hobbies or vices.  It was the mortgage, utility bills (no cell phone), car insurance, health insurance, etc.  The only time my credit cards came out was for emergencies (car repairs, animal to the vet, etc.)  There was just simply nothing left at the end of the month to save.  I was literally one paycheck away from going under.  Finally, I couldn't take the stress anymore.  I sold my house for more than twice what I owed on it and moved to another state where things are not as expensive.  Paid cash for a house.  Paid off my credit cards and burned them in the fireplace.  Started my own business.  I am now, for the first time in my life at age 40, in a position to start saving.  If I had stayed in my old situation the rising cost of fuel and groceries alone would have buried me by now.
407231
Credit limits don't effect your credit scores, being need the max limits do.  But as you stated, you're not even close.\n\nI am almost in the same situation as you as far as ridiculous limits.  They increase the limits hoping you will use it one day and thus earn interest from you.  It's like the rebates you have to mail in after purchasing an item - between 70 - 80% of people never send them in.  They are hoping you use them.  \n\nI accidently dropped a credit card at work one day and an 18 year-old employee found it.  I didn't notice it, but he decided to look up my personal info on our business computer and called the CC card company.  He found out I had a $72,000 limit and was brazen enough to ask me about it.  I told him "That's what happens when you manage you money and pay your bills on time".  He was from a poor family that didn't teach him much and show him about finances.  He then stated "you could go out a buy a new car!" (I drive a 10 year old VW).  I retorted by stating "Yes, but my car is paid for and runs great!  What's the point going into debt for something that depreciates so much?"  He stated "Well, you have the money.  If it was me, that's what I would do".  I then ended the conversation by saying "That's why 18 year-olds don't get big credit limits - they don't have enough income or experience managing their finances".  I then fired him two days later for misuse of the company computer systems for accessing my personal data - he signed a "computer usage agreement" at hire that included misuse of other employees personal information contained within the company servers.
555028
You should discuss this financial deal with your brother before getting yourself deep in debt.  Especially if you are a student and only work part time (or don't have a job).  This is a big responsibility.
585795
Machelle,\n\nI don't want you to take this the wrong way, but honey, you need to slow your roll.\n\nWatch your actions, they become habit.\nWatch your habits, they become character.\nWatch your character, it becomes destiny.\n\nYou filed for bankruptcy for a reason.  \n\nStop living beyond your means.  You didn't luck up on a car where you owe $10,000 MORE than the trade in value.  $567 a month is rent on a one-bedroom aparment in the South!\n\nThere is nothing shameful about leaving below your means.\n\nRefinancing is not an option in your situation.  You are upside down.  Why would a finance company want to pay your loan off at $23,500 when the value of the car is $10,000 less than the loan?  The collateral is inadequate.\n\nIf you don't pay the refinancer, they have a net loss of $10,000 when they repossess your car from your work place parking lot..\n\nI think you need to return the car to the dealer, take the hit on your credit report, and start riding the bus.  I can NOT believe that you filed for bankruptcy and thought it was cool to pay $567 for a gas-guzzling SUV after you discharged your debts..\n\nYou got the bruise, but didn't learn the lesson.\n\nYour credit is an extension of your character and it is time that you take inventory of your character.\n\nYou are NOT your car.  Who are you flossing for?\n\nGet a used Honda hooptie and make life easier for yourself.
220461
If your husband has a steady job and your previous credit is fairly good, then you might want to try one of the credit companies like Capitol One for instance or HBC.  The interest rates are huge but they can usually find a way to put all the different debts together and spread it out over 25 more years to keep the payments low.  This was an option I took a a number of years ago during a renovation that went bad. Hopefully you can sell the house when completed if the amount you sell the house for is more than the debt and start fresh, getting rid of the high interest debt. It sucks to sell what you have worked so hard for but it is just a house.  The credit companies will sometimes let you pay the total debt without penalty if you sell the home and then you haven't paid much high interest anyways.  I understand the devastation and hopelessness of being in what seems to feel like an out of control situation.  You have to believe that life can get better just as quick as it went wrong.  If your only option is bankruptcy, so be it,  do what you have to do to make a stable home for your kids.  Just take control of the situation, get a few opinions and start sleeping again.  Banks run like sissies when you need help yet they are the first in line to bankrupt you in the first place.  There are reputable companies around to help people like yourselves in this tight spot.
67005
well, in my state rent to oun does not work vary well. I'm kind of in the same place. Me and my best friend bought a house 4 years ago becouse rent was getting to hight. Well now we want to sell but can't right now becouse of a lean from her icecream store. So we are kind of married but don't want to be. So you might want to get married first.
505944
I would need more info to give an educated answer that can help you.\n\nBut lets start at the bottom.  If you make a very honest effort to budget yourself, how much money can you afford to put toward your debts.\n\nYour goal is to try and pay everything off within 5 years.  So not even factoring in interest, you need about $1200 a month!  Can you handle that?\n\nIf not, then you either have to make a very serious negotiation effort with the creditors to lower your balances, or file for bankruptcy.  \n\nOtherwise, you are going to be paying off these debts for the next 10 years.  With bankrutcy, you will be out of debt in 3-5 years.  It's not the best way out of debt.  But if the creditors are not willing to work with you what other choice do you have?