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    Grandzer's Avatar
    Grandzer Posts: 1, Reputation: 1
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    #1

    Apr 16, 2009, 03:53 PM
    Late credit cards
    Should I let my credits cards go really late to save my house
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
    Expert
     
    #2

    Apr 16, 2009, 03:57 PM

    You are going to caught one way or another. What's make you think that letting your credit cards go is a good option ? You Won't be saving your house, you will be digging a deeper hole.

    Tick
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Apr 16, 2009, 04:16 PM

    If you only have 1000 dollars and 2000 in bills, you have to not pay someone, I have been there.

    It is not what you should not pay, but what you need to pay first.

    1. house payment
    2. electric, gas, power for your home

    That gets paid first then a proper car, ( that does not mean a 30,000 show car but basic transportation.

    But you need to budget, write down every bill, and then income, and set money back, you may find doing without high speed internet, cable TV, that 3 or 5 dollar coffee every day, can often find you money.

    And most important you don't borrow yourself out of debt, and you don't borrow more money, stop using any of the credit cards that have gotten you into trouble
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #4

    Apr 16, 2009, 04:47 PM

    Chuck, I commend you for your patience and fortitude, what a great answer ! I am not being facetious. I really mean that you like helping people, day after day and spelling it all out. I hope the OP appreciates this information you gave him. And I can honestly say I appreciate it.

    Tick

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