Sunday, November 22, 2009


Just watched a report on the complexity of the credit card terms. The credit card companies have been making the terms so complex, it makes it so hard to even know what your credit card rate is going to be. The terms dont have to be so complex. The reports showed a man who rewrote the terms so a 10 year old could understand them. THe companies all rejected his proposal.

By keeping confused they can snooker a few more people to apply for credit. I would suggest that if you can no understand the terms. You need to ask. You can be sure I will be doing this from now on. Except it will not happen for a long time. I still have a lot of bills to pay.

Saturday, November 14, 2009

If the calls are starting to follow you at work

If creditors are starting to call you at work. Which by the way could jepordize you paying them back. What you need to do is first tell them not to call you at work. If that does not stop, then write them a letter. If that does not work, turn them into the better buesiness bureau.

Negative publicity never helps out someone. This is helped out several people that I have talked to.

I should mention to document this. If you can record it, it would even be better.

I hope his will help out someone.

Wednesday, November 11, 2009

credit reporting agencies.

If you have a lot credit problems, and you are starting to take care of them. Check the credit reporting agencies for errors. Everyone is wanting their money, but they really dont care about your credit history facts. If there is an error, you are the one that is going to try to have to fix it. First try to contact the error place, and see if they will fix it. If they wont do it, then you can put up a defense with the credit card agency. Each agency will have instructions on how to do this.

I hope you the best is your journey.

Friday, November 6, 2009


Things right now are plugging away. I can make some payments on some of the debts has slowed the calls. There are a few debts we are still behind in, and those calls keep coming in. We are looking for ways to get those bills payed off, since they are all less than $2,000. Hopefully our business will grow enough to pay them off or I can get some extra work to pay them off. I will be glad for this to finally be over and that we can move forward.

Sunday, November 1, 2009

home equity loan

I read somewhere suggesting getting an home equity loan to help consolidate your loans. This will only work if you have a way of paying for the loan and your close the other lines of credit.

By closing the other lines of credit you will force yourself to live withen those means, and you wont put yourself into a deeper whole. The other factor is being able to pay for loan. That brings up the old adage. Dont relax, but try to find other lines of income. Even if it is just a few hours every week. $50 dollars a week translates into $200 per month. Enough to pay for some bills.

You are just going to have to ask yourself if you can do this. Just be honest with yourself.