How to Settle Your Credit Card Debt Class - Los Angeles, CA
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Credit Card Problem Solution
How to Settle Your Credit Card Debt
Read this if you find your self overwhelmed by credit card debt. Credit card problem solution is what this blog entry is about.
A Common Credit Card Situation
Maybe this happened to you too. I used my credit cards a very good bit. I was always up to date in payments but kept raising the balance. That is my fault. I could pay the cards no problem. However, suddenly, the interest rates went astronomical. I could no longer pay the debt. Faster than I thought, I had a credit card problem.
Pondering the Credit Card Situation
One day I could no longer stand my self in these situation. I went to a coffee house downtown Portland, got a large espresso drink, and while people watching, analyzed my situation. With an open mind I pondered at how to solve my credit card problem. I did the math several times. I thought I was doing something wrong. It turns out that I wasn’t. I just could not believe what I had calculated. It would take me over one hundred years to pay off my credit card debt! Now what?
Possible Credit Card Problem Solutions
Obviously I had to rapidly multiply my income several times to pay off the debt in my remaining lifetime. However, with that debt burden, that was a tall order. I was financially paralyzed by credit card debt. No matter what I did, the thing did not get better despite me paying more and more. The minimums keep rising and rising. This credit card problem needed a solution.
Tough Options: Credit Card Problem Solutions are not Easy
I was facing tough options.
- Keep Paying – Increasingly more and more difficult
- Bankruptcy – Would cancel off a large portion of my debt. As it was for me at that moment, it came with all kinds of inconvenient strings attached.
- Debt Consolidation - Although a lot better in comparison, I still had to pay a lot of interest and the principal would not be reduced.
- Debt Settlement – Stop paying. Stop relying on my credit cards. Work something out with the credit card company.
My Credit Card Problem Solution: Settle the Debt
I opted for stopping payments and settle my credit card debt. In my case, that was the most sensible option. It is different for everybody. If you find your self in search for a credit card problem solution, this is my recommendation: First educate your self.
What I Learned: How to Settle Credit Card Debt
By trial and error, research and experience, I learned how to settle my own credit card debt. There is not much written about this subject. It took a while. I made a lot of costly mistakes. Even like that, that is the credit card problem solution more appropriate to me. Now I am an expert at this. If you want settle your own credit card debt, I can teach you.
How to Settle Your Credit Card Debt Class
You don’t have to re-invent the wheel. Based on my experience, and what I learned, I developed a class to teach you exactly how to settle your own credit card debt. I will reveal to you all the ins and outs of settling credit card debt. This solution to credit card debt problem is easier said than done. Sign up. It will be well worth your while and investment. If you are reading this, and have credit card problems, anything you will learn will save you hundreds or thousands of dollars.
Oscar Morante, Realtor
Century 21 Cascade Pacific
Short Sale expert, author, licensed agent and trainer
Christopher Schwindt, Esq.
Schwindt Richardson Attorneys
Real Estate Attorney. Foreclosure and default issues specialized council.