Credit Repair Questions & Answers

sx24 asked:


A lot of people before they get credit card are determined to make full credit card payment every time and say that they can never fall behind because they are responsible. But after a short while, the determined ones also fall into heavy credit card debt and find themselves barely making little more than minimum balance payment. How come?

Tired Momma asked:


A friend has found herslef in a lot of debt and just went bankrupt two years ago. What happens when she can no longer pay her bills? Could she go to jail?

Thank you!

RunsWithKnife asked:


I owe about $12,000 in credit card debt and I wanted to make that my year’s goal to pay it off, but a lot of the websites I find require that you own a home, or charge a huge interest for someone to “negotiate” with your creditors to bring down interest. Does anyone know of a good resource where I can just consolidate the debt and make one reasonable payment?

ZOE m asked:


I want to apply for a loan but have bad credit due to my ex partner, i have looked around, quite a lot of companies ask for an application fee/transfer fee and i do not have that. Can anyone suggest anything else?