Archive for tag: Amount Of Money

How should I pay off my credit card debt when I just received a lump sum of money?

30 November, 2009 (10:01) | get out of credit debt | By:

Saul asked: I recently received a good amount of money from a work related injury and now have the opportunity to pay off the $20,000 of credit card debt I now have in collections. Should I just pay the complete amount I owe or should I settle with the credit card company to pay only [...]

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How can I get out of credit card debt?

14 June, 2009 (15:48) | get out of credit debt | By:

sweetsourangel asked: I am in debt with my 2 credit cards. I stopped making payments months ago because my payments were not making a dent in my balance. I was making $100.00 payments every month. The one credit card offered to make an agreement with me to pay them $800.00. If I had that amount [...]

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