{"id":288,"date":"2024-08-10T15:43:12","date_gmt":"2024-08-10T20:43:12","guid":{"rendered":"http:\/\/www.fcallc.biz\/blog\/?p=288"},"modified":"2024-11-23T08:25:31","modified_gmt":"2024-11-23T13:25:31","slug":"dont-let-credit-card-debt-get-you-down","status":"publish","type":"post","link":"https:\/\/www.fcallc.biz\/blog\/?p=288","title":{"rendered":"Don\u2019t let credit card debt get you down"},"content":{"rendered":"<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<p>So you have a lot of credit card debt?\u00a0 So what now?\u00a0 Many people find themselves in this situation and feel helpless and hopeless.\u00a0 The key is to not give up.\u00a0 There are many resources out there to help you. Among them are:<\/p>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<ul>\n<li><strong>Credit counseling:<\/strong> There are several nonprofit agencies out there dedicated to helping you.\u00a0 Do not fall for those agencies that are asking you to pay up front.\u00a0 The real agencies will not charge for their services.<\/li>\n<\/ul>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<ul>\n<li><strong>Consolidation loan: <\/strong>This technique has been useful for many people. Consolidation loans can be obtained through many resources.\u00a0 Check with your local bank or consider peer to peer lending.<\/li>\n<\/ul>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<ul>\n<li><strong>Debt settlement: <\/strong>Consider contacting your credit card company and negotiate to settle your debt for a lower amount.\u00a0 For example, try to settle half of your debt.\u00a0 You can accomplish this by calling or writing to your credit card company.\u00a0 Explain the situation to them and see if they are willing to negotiate and settle a portion of your debt.<\/li>\n<\/ul>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<ul>\n<li><strong>Pay off your high interest cards: <\/strong> Prioritize your debt so that you are paying off your high-interest credit cards first. This will take some practice.\u00a0 Be sure to take into account all of the debt that you owe so that you can come up with the right strategy.<\/li>\n<\/ul>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n<p>For more useful information on credit cards and balance transfers, visit the <a href=\"http:\/\/www.bankrate.com\/\">bankrate.com<\/a> website and search on credit cards.<\/p>\n<p><span style=\"font-family: Times New Roman; font-size: small;\"> <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>So you have a lot of credit card debt?\u00a0 So what now?\u00a0 Many people find themselves in this situation and feel helpless and hopeless.\u00a0 The key is to not give up.\u00a0 There are many resources out there to help you. &hellip; <a href=\"https:\/\/www.fcallc.biz\/blog\/?p=288\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,29,41],"tags":[],"class_list":["post-288","post","type-post","status-publish","format-standard","hentry","category-credit-cards","category-education","category-personal-finance"],"_links":{"self":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts\/288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=288"}],"version-history":[{"count":4,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts\/288\/revisions"}],"predecessor-version":[{"id":292,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts\/288\/revisions\/292"}],"wp:attachment":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}