No. of Recommendations: 1

Without knowing anything about the "events and circumstances" you mention, it's futile for anyone to offer advice. I do wonder, however, with a $90+k income how you managed to incur a $15k credit card balance.

Well, I didn't always have this income. I've had ups and downs over the course of my life. Most recent and worst down was that in 1994 I qualified for and recieved ADC (welfare).

Here's a brief income/salary history..
1994 $ 4,400 - on ADC
1996 $13,400
1998 $38,417
2000 $54,800
2002 $75,900
2003 $89,100
2004 $94,000

It's been a steady uphill climb as I established myself and moved to other companies as opportunities presented themselves. I work in finance/collections and significant income increases only occur if you jump companies, which I've done.

My CC debt was at about $25,000 not all that long ago. Plus instead of paying that off, 2 years ago, I paid cash for a significant portion of my only sons 1st 2 years of college education at an out-of-state school. I am still paying his living expenses for another year or two if he keeps his grade point up.

So that's why CC debt is still at $15k. But at my current rate of payback, it should be down to zero within a year.

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