Bad Credit Agency

I have a bad credit with all my credit cards how can I pay It?

I have a good job before during my single days, and I have a 4 credit cards approved credit card those time, Im confident as well to get that time becoz i know my salary is enough... It was full then may be because i spend so much as well which I provide also my family....but everything was changed when i get married then follow lost my previous job, and deliver a baby, a lot of expenses coming and i cant pay anymore my monthly bills...and expenses is bigger and bigger especially i have a baby...Now all my credit cards are hold and notices keep coming...even they have options how to pay but still i cant pay it...Hoping for an answer to these matter....of what can I do...

Public Comments

1. Make arrangements with the credit card companies.
2. You need to talk to your bank about loan consolidation, ASAP. Companies would rather get some money than no money and this way interest rates wont completely kill you.
3. Hi you really need to go to citizen advice they will put you in touch with someone who can help you. Please do it today.They will look at your debt and tell you the best way to deal with it.Please Please do not get anymore loans as this will make things worst it is okay for a while then it all catches up with you.I know first hand. Your money is never your own.Sort it now i have a very high income it is now going to banks for loans and we are left with nothing to live on do not get to this stage go and speak to someone who will advise you this service is free at the citizen advice shop
4. You have 2 options you can deal ith it now and try and call your credit card company and explain to them yoiur situation, sometimes they are understanding. They may give you a few months to not pay and hope you can get your self back in good standing. If you can't pay just keep ignolring them your credit will get worse but eventually they will sell it off as bad debt and then you can make an agreement to pay the company it was sold to, usually about 60% of the original balance. It takes about 1 1/2 to 2 years to get to that point so by that time you should be back on yoru feet! Good luck!
5. Bad credit is one of the worst problems to have... however there exists a solution. I will hereby talk from my personal experience. I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details, if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first, a good place to start in my humble opinion is astraight to the point ebook with question and answer I found : http://umgarticles.atspace.com/debt-consolidation.htm if it helps kindly remember me in your voting!.. cheers!
6. Sorry about your debts. I hope this is a lesson to you that taught you not to have many credit cards. Talk to those companies and don't promise anything you can't afford make them understand your situation clearly. Try to look up for ways to make extra cash like selling e.g. health products, food, anything but not yourself or household goods. I also survive by selling small things like lollipop, drinks,etc. It is not a lot of cash coming in but I manage to buy what I want for cash. They keep calling me for loans and credits I tell them I prefer my own money or nothing. The other one was telling me to take a loan to pay up my debts. How can one pay a debt with another debt? When you get out of this don't feel like a fool if you don't have any credit card because I know they will call you again for some credit as soon as they see you are about to finish. I hope you find a way to deal with this. Don't give up take some of the advises given one or two might work for you. Good luck!!
7. I recommend doing 1-time settlements with the credit card companies if you have a money source you can tap like home equity, a 401k, or money from a relative.