Fed: Credit Card Debt Down Almost 10 Percent

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autoprt of GA 1:42AM September 03, 2009

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Mathew of AL 5:19PM June 27, 2009

I did the same thing with www.DebtSettlementOne.com. You will take a credit hit but this a debt reduction program not a credit repair option. If you want to get rid of your CC debt for less than you owe then settlement is a great option.

Bill of CA 8:00PM April 09, 2009

I have to agree with Wilson in regards to their calculation of revolving debts. I had over 40k in credit card debts 12 months ago I was able to get on an aggresive settlement plan I found through http://www.freerateupdate.com/creditcarddebt and paid them off in 12 months. My credit score took a hit temporarily but my cash flow is back to a comfortable level. My suggestion is to go with a settlement program.

Ed of CA 6:17PM April 09, 2009

Ganet of MO, you are not alone. Regions has done the same thing to me. I spent an hour on the phone with customer service for nothing. I was told that my credit rating had nothing to do with my interest rate on my credit card. And that I can not expect a bank to keep my rates low in this economy! This is outrageous! There should be laws against this, but it seems that our wonderful politicians were never concerned about the general public. Save the Banksters! Screw the People!

Melissa in TN of TN 2:53PM April 09, 2009