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Congrats to you and hubby! Way to go.
Enjoy your debt free holiday season!
Enjoy your debt free holiday season!
Congratulations!
I think credit programs are great if they are needed! There are different types of credit programs from what I understand, debt consolidation and debt counseling. I think the debt counseling is the better one. My mom is going through this for a similar amount of debt, to be paid off in about a year. It's an awesome program. You basically pay them a monthly payment and they make the payments to the credit card companies. They negotiate with them from the start to get the interest rate lowered (significantly) and lower min. payments. The accounts are all closed and you are not allowed to open any new accounts, which is good if you are like my mom and can't control spending, bad if there is an emergency (which I've had to help out with). The amount my mom is paying a month to get everything paid off is probably about what she was paying a month just in over limit and late fees and high interest. She never would have gotten out of it without this program. Sorry for the long winded response but I just think this is so great for anyone who can use it.
I know some look at going through a credit program as a NO NO but I just paid $31,264.00 off in a little under 5 years. It would have taken me so much longer on my own.
Congrats on the accomplishment!
If I can ask a question of anyone that has either gone through this or may know. I am thinking that you have to prove you have an income, right?
I believe so but am truly not sure. I was not working when we filed for this but the hubby was.
Wow! I commend you for taking on this endeavor. Good job. I am proud of you and your family. I know you don't know me personally but I really mean it.
A place to debate everything and anything!