whaaaaa

I can't seem to get rid of my credit card debt - no matter how hard I try.  Now with gas prices going way over my head, I feel like I am no longer at neck deep water but drowning.  I've been giving some serious consideration to a debt resolution company?   Any thoughts - anyone?

Thanks

Me

Edited to correct spelling.

Wrong forum - sorry

I have not, but I suspect this is a business in which there are many people looking to take advantage of people who are in need of help.  If I were looking to consolidate/resolve debt, I would look for some government pages on it first to get a handle on what is out there that is legal and safe.

Some of these companys are REALLY shady!! Shady, becuase they take so much of a commission from you!!  Make absolutely sure that the one you choose is a non-profit and/or federally funded program.  Ask about their commision costs.  High commissions are NOT okay, thats money that is not going to your debt.  Also, consider dealing first with your credit company - explain to them that you are considering goign with a debt reduction service and ask if there is a way taht they can work with you independantly without needing to involve a third party - they may do so and it would look better for credit reporting if that worked.

I haven't used one, sorry, no advice.  I do know to make any progress in paying off the credit card debt you have to pay more than the minimums--and stop using the credit cards--which gas prices and everything else skyrocketing makes more difficult.  I've always gone with the shuffling to the best interest rate(I think I'm at 5.99% until paid in full(you know, assuming you never ever miss a payment or pay a day late).