Your Questions About How To Pay Off Credit Card Debt

Linda asks…

is using a credit card consolidating company to pay off debt bad for the credit score ?

how long will this afect the credit score when using a credit card company to pay credit card debt

richmama answers:

Сredit repair workеd fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service – freecreditreport.sinfree.net

Susan asks…

How long will it take to pay off this Credit card debt?

Have $2,100.00 in credit card debt. The interest rate is 12.99%. The minimum payment is only $41.45. Make a payment of $100.00 per month. How long would it take to pay this debt off, if i continue to make $100.00 payments and not use this card ever again?

richmama answers:

Http://www.csgnetwork.com/creditcardcalc.html

Try out this website. You enter the balance, interest rate and months on top. The monthly payment is calculated on the bottom. Using this website, if you make payments of $107/month, it’ll take you 22 months to repay this debt.

Sandra asks…

Paying off Credit Card Debt with out having to pay the whole balance?

We are coming into some money and I had read a article about how you can pay off credit card debt with out having to pay the whole thing but I cant find the article with all the ‘credit card wordage’ any one have any suggestion?

richmama answers:

Are you referring to debt settlement???

In any case, I doubt if this article is the same as the one you’re referring to, but it may be discussing the same topic:
http://familyfinancialhelpusa.com/five-ways-to-get-rid-of-debt/

John asks…

Can anyone help give me some ideas on how to pay off credit card debt?

I owe about 25,000 in credit card debt, and the problem is I cant afford to pay no more then the minimum payment a month, due to my income. What would be the best thing to do?

richmama answers:

Minimum payments are not going to get you anywhere.

You could get a second job, sell something, or ask for help from your family.

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