No. of Recommendations: 0
Amy!

My wife and I are on the same boat! I considered HEL and DMCCC, but because of wise input from Fellow fools: Leviathan, cleem, esthermae, and thriftygirl (I especially loved her inspiring input), I decided to take on my creditors myself. Please see my post and responses under Debt Management. I believe that since we are in similar situation, these messages will help you decide (there's only six of these messages, but were enough to get my answer).

If you decide to go on your own to re-negotiate your rates, use the following site for guidelines:

http://www.fool.com/Features/1999/sp990105Howtosave.htm

It worked for me! Also, see guideline at the bottom of this message on how to dig yourself out of debt.

Good luck! I sure would like to see how you are doing since we are in similar situation. I need a debt "workout" partner to spot me!!

:)) O.
Print the post  

Announcements

UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement