Need my balance lowered so I can pay!!
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Need my balance lowered so I can pay!!
| Thu, 08-19-2004 - 9:05pm |
We have dug ourselves deep in debt, but luckliy we were just able to obtain a good size home equity loan. We can come very close to paying off our credit cards-however IF we could just get them to lower the account balances slightly (I was thinking like 5-10%) we could be CC free!
I almost geel guilty posting since we were able to get out of this mess we got ourselves into/ BUT, as it turned out, we made an excellent investment in our home on 2.5acres...it has been zoned commercial AND now there are sever plans to update the area ! Wow, almost can't believe there is a light at the end of this tunnel.
I almost geel guilty posting since we were able to get out of this mess we got ourselves into/ BUT, as it turned out, we made an excellent investment in our home on 2.5acres...it has been zoned commercial AND now there are sever plans to update the area ! Wow, almost can't believe there is a light at the end of this tunnel.
Thank you all for your time and good luck to all of you. I truly understand,
Wen

your balance, other than settlements when
they're already at the collection phase.
Sometimes they'll negotiate interest rates
and fees which could help. But who knows,
it's always worth asking.
But shifting your debt to a home equity line of
credit unfortunately doesn't make it go away,
it just turns it into a different kind of debt.
Hopefully it sounds like you'll be able to sell
your house for a good profit and get out of debt
for real!