Tilted Forum Project Discussion Community - View Single Post

Venice · 08-16-2006, 09:27 PM

Hi I am an actor here in Venice and have been hustling work for the past three years. I took out two credit cards back in 2003 to help me get going and I owe about $17,000 dollars. I am now starting to make some money but have been making 150.00 payments monthly per card.

One of my cards, the bank is charging me 30% interest and major late fees. Both cards have been delinquent as far as late payments, but I have been trying to work with both companies as there have been times when I just didn't have any money.

My question is, is there a positive solution to make both parties happy without all of my money going to these super huge interest and late fees... it seems that none of my money right now is cutting down the debt, meanwhile the total keeps going up...especially with Bank of America. I'm not the kind of guy to just not pay, I borrowed there money and except that fact. But they are killing me with these outrages fees!

Any solution? I haven't tried a credit consolidation company, what do you think? Best Regards!

08-16-2006, 09:27 PM	#327 (permalink)
Venice Upright	Help! Hi I am an actor here in Venice and have been hustling work for the past three years. I took out two credit cards back in 2003 to help me get going and I owe about $17,000 dollars. I am now starting to make some money but have been making 150.00 payments monthly per card. One of my cards, the bank is charging me 30% interest and major late fees. Both cards have been delinquent as far as late payments, but I have been trying to work with both companies as there have been times when I just didn't have any money. My question is, is there a positive solution to make both parties happy without all of my money going to these super huge interest and late fees... it seems that none of my money right now is cutting down the debt, meanwhile the total keeps going up...especially with Bank of America. I'm not the kind of guy to just not pay, I borrowed there money and except that fact. But they are killing me with these outrages fees! Any solution? I haven't tried a credit consolidation company, what do you think? Best Regards!