Credit Card info, i have bad debt, my credit score it low, is it worth it to pay it anyways.?

1) I have lots of debt, past due payments... very very low credit score is it worth it to pay it?

2) i heard if you wait 7 years your credit will be cleared.

3) what happens if you don%26#039;t pay it at all. will they take money out of my paycheck? not give me income tax returns?

4)do credit card counseling programs affect your credit report in a negative way?

5) what else should i know about!

please help im so stressed!

Credit Card info, i have bad debt, my credit score it low, is it worth it to pay it anyways.?

To take your questions in order, 1. Yes. 2. True, see next question. 3. Eventually they will take you to court and get a judgment against you, then they can garnish your wages, attach bank accounts and file liens on any property you may own like vehicles, land or homes. 4. They will show up as %26quot;managed by credit counseling%26quot;, this is a lot better than the way they are showing up now. 5. Call Consumer Credit Counseling Services, they are free and will work with your creditors to lower your monthly payments as well as your interest rates, I used them several years ago and was debt free in 36-months.

Credit Card info, i have bad debt, my credit score it low, is it worth it to pay it anyways.?

If u don%26#039;t pay if off, then it stays on there till u do..

when u pay your bills in full then it takes 7 years to be removed

Credit Card info, i have bad debt, my credit score it low, is it worth it to pay it anyways.?

Please pay these items off. Use the snowball effect:

1) Choose the item on which you owe the least and put as much money into it as possible. (Don%26#039;t ever pay the minimum payment - it goes almost all to interest. You have to pay higher than the minimum payment.)

2) Once that item is paid off, choose the next item you owe the least on. Pay not only what you normally pay on that loan, but take everything you were using to pay off the first item and put it all toward this item.

3) Continue doing this until all your loans are paid off. This will happen faster than you think if you stay dedicated with it.

Credit Card info, i have bad debt, my credit score it low, is it worth it to pay it anyways.?

First you have to pay, then you wait the 7 years; counseling will not affect you negatively, counseling is a good thing; yes they can sue you and take money from your check and tax return but the court will decide how much, they know you still have a family to feed.

You can go to one economical advisor, they can help you get a rasonable monthly payment. Don%26#039;t go to those people that claim to be able to %26quot;fix%26quot; your credit report, that%26#039;s a scam. As a matter of fact Do Not go with anyone that claim to be able to halp you on exchange for a fee.

Credit Card info, i have bad debt, my credit score it low, is it worth it to pay it anyways.?

Tell yourself you have integrity, live up to your commitments.

start living under your means, pay off the debt - take it slow and easy paying off the biggest first. Make sacrifices and celebrate (cheaply) your reducing debt.

Once you have change d your spending pattern and decided to be a good person - your outlook on life, and yourself will improve.

Take a look at Dave Ramsey%26#039;s books - excellent for your situation.