Williamrig
Junior Member
Indiana My wife has 5 credit cards with varying maxed balances from 500.00 to $2000.00. She was unable to pay them for about 3 or 4 months. All her other bills were pd on time or a little late, even her mortgage. She is now able to start paying the credit cards but cannot pay the minimun required payments. She can pay about 25 to $60.00 per month on each one based on the balance. The cards are, Merrick bank $1800, Washington Mutual $2100, Juniper Bank $560, Capital One $540, and Household Bank $600. The problem is all of the balances are over the limit and each month an over limit charge and late payment charge is being assessed. So even if she pays something on the cards the balance still goes up each month because of the overlimit charges, late charges, and high interest rates. (averaging about 30% each) about How can she stop the late fees and overlimit fees while she trys to start paying the credit card companies???? How can she deal with the credit card companies??? Our finances are seperate so I am not involved. Any ideas how she should deal with this? Thanks for any ghelp you can be.
BillWhat is the name of your state (only U.S. law)?
BillWhat is the name of your state (only U.S. law)?