CarrieB1970

Hi Dolly, The payments are lower because on some of my credit cards, I am currently paying a lot more than the minimum in an effort to reduce my debt on my own. Which isn't really working. But even if I paid the minimum on all of my cards myself, Greenpath is still cheaper and I will get out of debt faster. Did you say that InCharge let you keep one credit card? I want to keep one, but Greenpath says I can't because the other creditors wouldn't go for it. Not sure if this is true or not. I would like to keep one just for emergencies. Is InCharge charging you a monthly fee? GP would charge me $50 per month, with no set up fee. Thanks~! Carrie

Hi - I spoke to Greenpath and have the paperwork, just need to sign it. One thing I am concerned about, which I read on Care One's site (I am not using them, just was reading their site) is that my creditors will not be paid for a while, and then when my account is delinquent they negotiate with the creditors, then payments are made. Does anyone know if this is true with Greenpath? I am a bit worried about how hard this is all going to hit my credit and my ability to rebuild in the future. If I go with Greenpath, it will save me about $450 per month. I would make two payments to them per month out of each paycheck. I am still on the fence on whether this is the best route to go. Its all so confusing. I am definitely struggling to pay all the credit cards each month and $450 less would be a big relief. Thanks for any advice. Carrie

Hi all, I have a few questions about a debt management program. I am thinking about calling either InCharge or GreenPath. I'll try to keep this short Last month my husband and I got married. We've been living together for about 5 years and have about $30k of credit card debt - most of it in my name because my credit is (was) better than his. He makes a lot more money than I do (we both have good jobs but he makes more), so he pays most of the bills. We have a high interest rate on our mortgage (the house is in my name, so is the mortgage). We cannot refi as the house is now worth less than what we owe. I'm sure you all know the story. Most of the credit card debt is from a ton of oral surgery I had to have (we dont have dental insurance) and some veterinary bills for our pets. We dont have kids, so the pets are our family - so please don't hate on this. Putting them to sleep was not an option for us. Now the credit card co's have raised the interest rates and we are having a hard time making the payments every month. I've never been late, but its a struggle. I've called the credit card co's to see if they can help me out with lower payments, hardship, etc, but they wont since I'm not in default and have a job. Does anyone have any experience with InCharge or GreenPath? Whats involved to qualify? Am I still allowed to have certain bills under my own payments, like car payment and cell phone? If anyone can explain to me how this all works, it would mean a lot to me so I have some clue before I call. thanks so much! Carrie

Hi all, Need some advice. I have been living in my home for exactly one year. I have an 80/20 loan with 100% financing - I wrapped my closing costs, etc. all into the loan because I didn't have any money down and was in a time crunch to get the house. My rates are pretty bad, 8.5% on the 80 and 10.5 on the 20! At the time my credit score was in the low 700's, now I am in the mid to high 600's. Next year, my loans switch to an adjustable rate and I would prefer to refi and get a fixed. I think right now its safe to say I owe more than my house is worth. Not a good thing, I am assuming. I'm confused as to what to do to help my situation. My fiancee lives with me and pays most of the bills, but he is not on the deed or the loan - his credit sucks bad. On paper, I owe more per month than I take home per month. Also not good! I filed for Bankruptcy in 1999, was discharged, and have been rebuilding my credit since. Since buying the house, my debt has unfortunately increased, I have a car loan and about $15k in various credit card debt. Is it best for me to try to pay down the credit cards? How much will that help? Is it better to try to fix up the house a bit more to make it "worth" more? I am totally in the dark with this stuff and would appreciate any help. Thanks! Carrie

Hi All, First I have to say that a lot of this stuff is pretty confusing for me, so I apologize if I don't ask the questions the right way or know the proper terminology I purchased a home in Feb. '06 in New Hampshire. I have an 80/20 loan. The 80 is a 8.5% interest and the 20 is at 10.5% interest. My credit is okay - when I purchased the house my FICO was 704. I had a Ch. 7 Bankruptcy in '99 and I have been pretty good since then. My score is about 680 now or in that range. I recently got a car loan beause my car died. Apparently, after two years my mortgage payment will go up. I guess I do not have a fixed interest rate? This is the part that I don't really understand. I financed 100% of my loan because I had no money down. I do not have any equity in the house, obviously. I am single but live in the house with my Fiancee. He makes decent money but has awful credit (520 score and a foreclosure, lots of unresolved debt). He is not on my mortgage but pays most of the bills. I would like to try to refi and get a lower interest rate. Right now my mortgage is with Washington Mutual. Any advice on when I can refi? What banks/lenders will offer a good rate? Anything I can do to help me get a better rate? Thanks so much! Carrie

Hi all, I am engaged to a wonderful guy who has awful credit and just had a house foreclosed. We have no idea if there is a judgement against him yet, and he might claim Ch. 13 - we don't know yet. My question is, if we get married, will his bad credit affect my good credit score? I have a mortgage in my name only, and only my name is on the deed. I also have a car loan in my name only. If there was a judgement against him and we got married, can the debtors come after any of my property? Thanks!