We are barely making our minimum credit card payments every month. I can feel us slowly slipping out of control. HELP!
I’m glad that you contacted us before things get totally out of control…a position that many Americans find themselves in today. Even making just the minimum payments on your credit cards is not a good situation.
First, depending on your situation, you may be able to save hundreds on your credit card interest just by asking for a lower interest rate. (Follow these steps.)
Before things get out of control, consider using a credit counselor. One we like is a non-profit organization called the National Center for Credit Counseling. You can find out more at www.nfcc.org or by calling 800-388-2227.
By simply stating where you live, the NFCC will hook you up with a credit counselor in your area who will help you get aback on track by, possibly, helping you consolidate some of your credit, negotiate with credit card companies, and so on.
Not all credit counseling services are legitimate, so make sure you know what to look for to protect yourself.
And don’t wait. Do it today! You CAN get your debts under control.
-Daria Dolan, guest blogger