credit card help

freddy12

Hi,

I am having trouble at the minute paying my credit card bill, should I contact the CC company, and if I do, what help can they give me?

Thanks

miss_missy

hi freddy
if you post an soa people maybe able to give you advice to save some money, move debts around so that you can meet your payments before going to the cc companies

sorry cant help with you question on catacting the companies and outcomes

Tixy

Hi freddy

Are you having trouble just for this month or are you struggling to pay your bill every month.
If its just for a month (or maybe 2) your CC company may allow you to make reduced payments and then revert to higher payments. If your problems are likely to go on longer than that then the credit card company may default you. If it is an ongoing problem then I agree with missy, complete and post up a statment of affairs and people will see your full situation and be able to advise better - http://www.makesenseofcards.com/soacalc.html

freddy12

Struggling every month now.

What do you mean they may default on me?

Tixy

If you don't pay the required minimum payment they can issue you with a default notice. This puts a default marker on your credit file which remains for the next 6years which can affect your ability to get further credit.