Comments on: State of the Debt: ‘Let The Blood Letting Begin’ Edition

By: David@CardnoTransferBalance

David@CardnoTransferBalance — Mon, 04 May 2009 20:31:31 +0000

You can call your credit card company and actually find out what extra charges and fees you possibly may be accruing on your card that is adding to your debt. Many people overlook the small charges and focus on the large amounts of debt they have to repay. Print those monthly statements (that is if your credit company doesnt charge, well they shouldn't, its standard these days) and check the details out. David´s last post:Getting a Premium Rate Of Interest From Your Credit Card Company

By: don

don — Tue, 27 Jan 2009 02:07:14 +0000

as usual, mortage is the priority and major among all debts.Maybe a refinance for your mortgage loan would help? or finding a good opportuny to double up your income. don´s last post:Real Estate Malaysia Market Situation

By: Ceramic Tiles

Ceramic Tiles — Tue, 27 Jan 2009 00:48:03 +0000

I think you have a great plan here. When you have a plan about how to tackle your debt it doesn’t feel like such a massive undertaking. Great job and I hope you pay it off.

By: New York Life Annuities

New York Life Annuities — Sun, 25 Jan 2009 03:24:00 +0000

You definitely have the right attitude.

By: kc walsh

kc walsh — Sat, 24 Jan 2009 17:11:18 +0000

It is always a good idea to handle credit card debts in blocks than taking the whole thing in one go. For one, if we had the dough to pay off the credit card debts in one go, we would not have any debts to talk about, would we?
But by organizing your debt payments, you can now streamline your payments according to the inflow you receive for that month. By organizing the payments, you should be able to see the light at the end of the tunnel, if not the light then at least a glimmer, every now and then. Good luck and hey, we are all in the same club! Nice to have some company!

By: Tony@AC Doctor

Tony@AC Doctor — Mon, 12 Jan 2009 14:03:47 +0000

It is good to see you take strides in working of your debt. I’ve found that being well organized and keeping track of what you owe and making a plan to take care of it can really help solve your financial problems. Thanks for the great example.

By: Dustin Credit Card Debt Wunder

Dustin Credit Card Debt Wunder — Tue, 06 Jan 2009 18:18:06 +0000

There is something to be said about taking down your credit card debt in chunks. It just feels good, I propose that it is the feeling of being in control. Sure you still owe on it. But the fact that you are tracking it alone means it is way more likely to go down. I don’t know if you’ve tried, but Chase has been willing to lower interest rates if you can get someone with a brain on the phone. Tell them you are going to do a balance transfer…they’ll get moving to help.

By: Richard@Littman Bros.

Richard@Littman Bros. — Mon, 05 Jan 2009 21:47:20 +0000

Thats great that you can those kind of strides in just one month, keep it up. a lot of people could take a page from your book.

By: Naomi @ Clip Name Badge Holders

Naomi @ Clip Name Badge Holders — Mon, 05 Jan 2009 14:34:52 +0000

I admire how optimistic you can be about your debt. I think it’s great to have a firm grasp on your financial reality, but it’s very difficult to do. It IS a little like bloodletting. Kudos. Luck.