Comments on: How to Negotiate a Credit Card Settlement | eHow.com

By: Grants for Starting Small Business

Grants for Starting Small Business — Thu, 22 Apr 2010 06:51:58 +0000

Mom wants to pay $10K toward our mortgage. She has been advised to dump some money or pay taxes. Our problem is that we have a small business which has incurred about 70K of credit card debt. We are current on everything but have gotten the shaft from the credit card companies and they have raised our rates double and on some triple. My husband wants to put the “extra” money toward the credit card debt with the highest interest (22%) but don’t know how much the mortgage payment will drop with 10K toward principal. We owe $136K on home with 6.375% rate. Please help.

By: CATHERINE Olliff

CATHERINE Olliff — Wed, 07 Apr 2010 14:35:02 +0000

I’m currently on a debt management plan, seems to be doing the trick. Although I guess it would have been better for me not to get in debt at all….

By: MELINDA Sparling

MELINDA Sparling — Wed, 07 Apr 2010 09:01:50 +0000

Well as previously stated it isn’t always that easy. One day I will be debt / trouble free, well that’s what I’m hoping for!

By: Harry Waller

Harry Waller — Fri, 02 Apr 2010 17:28:02 +0000

Debts can really get you down so something like this can be of help. It’s a shame banks like hsbc. I do agree with whats been put on this forum, hopefully people can get some good use out of it.

By: Jacque Frutiger

Jacque Frutiger — Wed, 31 Mar 2010 03:29:57 +0000

Pretty insightful post. Never thought that it was this simple after all. I had spent a good deal of my time looking for someone to explain this subject clearly and you’re the only one that ever did that. Kudos to you! Keep it up

By: William Chinnis

William Chinnis — Tue, 16 Mar 2010 10:22:19 +0000

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By: Ricky Sevin

Ricky Sevin — Fri, 12 Mar 2010 01:03:53 +0000

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By: Cialis

Cialis — Wed, 10 Mar 2010 22:38:36 +0000

UY2ZOt Excellent article, I will take note. Many thanks for the story!

By: Yakiba

Yakiba — Tue, 02 Mar 2010 06:51:51 +0000

Great stuff!

By: Skytz

Skytz — Tue, 02 Mar 2010 06:06:23 +0000

That’s exactly what I was looking for! Thank you!