Hello,
I'm trying to stay out of bankruptcy, and called 1FBUSA today to see if they can lower my interest rate, and work with me. I had even read on an internet forum a few months ago, how they had this program that lowered the interest to 0%.
Having to go through three different people, I finally talked with a manager. And because I can still afford the minimum payment they cannot do anything, as she claims. Also, her gist also was, because I'm still at a 19.95% interest rate, I should be happy, because many others are at 27-28% (she didn't exactly say it like this, but this was the gist of it...)
Here's my problem:
I owe 1FBUSA $14,300 (Last year I had bought on a house on that card through Paypal, and didn't want to file, originally, butt the house was a wreck, I gave up on it, and I resold it for $5,000).
I owe a local credit union, around $4200 on one card, another cu around $300, and I just sent a $900 payment to chase to pay off my $1350 balance for my recent college tuition.
I also owe $3700 on a toyota corolla that's only worth maybe $2600 or so with a good engine, and I'm having major engine issues (oil burner, and a leaking rear main - it'll cost $1600+ to get this rebuilt).
I also owe around $33,000 in student loans on my first degree.
Financially, I work for Menards (home improvement store), and my hours are getting cut down to 20-25 a week, with a lot more hours cut after Christmas (one day, maybe two [but we have too many people for my department, so probably only one day] a week until April) - I make $8.65 an hour during weekdays, and $11.15 an hour on the weekends, with most work being on the weekends.
I also talked with my manager at my other place of work (Kentucky Fried Chicken), and he's going to get me something, but that's only minimum wage (probably no more than 20-25 hours at the most)
I hate having to do this, because I'm a born-again Christian, and believe in repaying my debts. The Lord's already convicted me about my debts. I wonder if I should file, and repay my creditors eventually, if I'm ever stable (I'm trying to work my way through to become a nurse, on my second degree, but the local community college has a 3 1/3 waitlist to get into clinicals, so I probably won't be a nurse until 2016).
I'm trying to stay out of bankruptcy, and called 1FBUSA today to see if they can lower my interest rate, and work with me. I had even read on an internet forum a few months ago, how they had this program that lowered the interest to 0%.
Having to go through three different people, I finally talked with a manager. And because I can still afford the minimum payment they cannot do anything, as she claims. Also, her gist also was, because I'm still at a 19.95% interest rate, I should be happy, because many others are at 27-28% (she didn't exactly say it like this, but this was the gist of it...)
Here's my problem:
I owe 1FBUSA $14,300 (Last year I had bought on a house on that card through Paypal, and didn't want to file, originally, butt the house was a wreck, I gave up on it, and I resold it for $5,000).
I owe a local credit union, around $4200 on one card, another cu around $300, and I just sent a $900 payment to chase to pay off my $1350 balance for my recent college tuition.
I also owe $3700 on a toyota corolla that's only worth maybe $2600 or so with a good engine, and I'm having major engine issues (oil burner, and a leaking rear main - it'll cost $1600+ to get this rebuilt).
I also owe around $33,000 in student loans on my first degree.
Financially, I work for Menards (home improvement store), and my hours are getting cut down to 20-25 a week, with a lot more hours cut after Christmas (one day, maybe two [but we have too many people for my department, so probably only one day] a week until April) - I make $8.65 an hour during weekdays, and $11.15 an hour on the weekends, with most work being on the weekends.
I also talked with my manager at my other place of work (Kentucky Fried Chicken), and he's going to get me something, but that's only minimum wage (probably no more than 20-25 hours at the most)
I hate having to do this, because I'm a born-again Christian, and believe in repaying my debts. The Lord's already convicted me about my debts. I wonder if I should file, and repay my creditors eventually, if I'm ever stable (I'm trying to work my way through to become a nurse, on my second degree, but the local community college has a 3 1/3 waitlist to get into clinicals, so I probably won't be a nurse until 2016).
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