Posts Tagged ‘credit card debt’

Credit card debt relief – federal bailout money available? Or are the adds just deceptive?

September 2nd, 2011 by admin | 5 Comments | Filed in Free Government Credit Score

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Can I get government money to help reduce my debt without affecting my credit score, or reducing the amount of credit that credit card companies will extend to me? The banks got a bailout, I want one too, am I missing out, or, are all these "debt relief" commercials mentioning "bailout" just BS? (Do they only help you with "settlements" with the CC companies, which I am not interested in?)
Even if I got "something for nothing" and got a personal "bail out" – if the government gave me money to pay off my credit card just to "help the economy" that still wouldn’t make me 1% as greedy as the banks and insurance companies (and the Wall Street devils) that have got us in this economic mess. There was tons of free money being given out by the government, I guess just not for anybody who really needs it [only those that already have too much got any].
I’m not asking this because of financial problems – I’m asking because I don’t want to miss out on "free money" if it’s being given out, I want in. I’d love to go rack up an extra ,000 in credit card debt to have it paid off with federal bailout money :) But that doesn’t seem to be available… Too bad :(
Well, I’ve stated from the beginning that I’m not interested in lowering my credit score. I want to know how to reduce my debt without negatively impacting my credit which currently is very good.

Who doesn’t want free money? The gave away (literally) tons of free money during the Iraq "war". They even LOST a whole pallet of cash. Rich bankers got bailed out, auto companies got bailed out. I want to be bailed out then I can start my own business :) (And repair the damage the S.W.A.T. team did to my rental property because the teenage son of the tenant’s let the local crack dealer in to play some video games).

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Will doing this increase my credit score?

May 17th, 2011 by admin | 4 Comments | Filed in Free Government Credit Score

I have terrible credit. The last time I checked it at the free government website to do so was about a month ago, and it said my score was 595. I have one item in collections (it’s a medical bill I’m disputing, long story), tons of student loan debt that is still in deferral, and about ,000 of credit card debt.

If I pay ,000 towards my credit card debt all in one lump sum (in addition to continuing regular monthly payments), do you think that will increase my credit score? Is there a way I can estimate how many points it will go up?

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