Debt Elimination Companies - What is a good way to eliminate credit card debt?

What is a good way to eliminate credit card debt?

i am having a very difficult time paying down the balances that I owe on my credit cards. I've tried calling them up myself and negotiating the interest rate, but they refuse to lower it. I can barely afford the minimum payments and just want to be done with this. I don't want to file for bankruptcy, I'm just looking for other methods of helping me eliminate this debt that I carry. Any help would be greatly appreciated!

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Cut expenses, meaning get rid of cable, internet, cell phone, eating out. Sell some stuff Get two part time jobs, work nights and weekends Pay at least three times minimum
Eliminate credit card debt 1. Make a list of all your credit cards in a page. 2. Arrange them according to the interest rate highest at the top and lowest at the bottom. 3. Find the minimum payout of all cards and total the amount. 4. Pay the total monthly minimum payment on time and if possible pay more then the minimum amount to debt free quickly. 5. Don’t make any payment due cause later you have to pay high interest rate. So you should have a proper budget plan before applying for a card. 6. Continue this process of payment until the first card is paid off and continue the process for all cards.
You can start by being more frugal with your spending. For examples, stop going to movie theater and use Netflix instead. Stop eating out and start eating in. Also important where you buy your groceries, switching from Wholefoods to BJs could help. Start collecting all of your loose change in a jar, it'll surprise you how much money you save at the end. Cut down the unnecessary things such as magazine subscriptions, coffees at the local cafe, cable channels, etc. Start looking around the house and see what things that you can sell on Craigslist and eBay. I just did a winter cleaning and I found over 40 books, some art, and old jewelry that I could sell. So far I earned $300 and counting. If you still struggle after being frugal, then I think it's time to call a legit debt counseling agent. Debt counseling is different than debt settlement that can hurt your credit score. Make sure you find the debt counseling agent through http://www.nfcc.org/, a non-profit organization. They will help you by negotiating with the banks to lower your interest. I had my three credit cards negotiated, and my interests went from 17-35% to low 8%. Hope you'll find the best solution, good luck!
1. SLASH expenses. 2. SELL everything possible. 3. Get ANOTHER job. 4. If you have to choose something not to pay, Credit cards are your LAST priority.
Work overtime at your current job. Get a second job and work there nights and/or weekends. Use every nickel of extra income to pay off credit cards.
Well, you need to raise a lump sum to be able to pay it off. Paying small amounts will do basically nothing but give the bank an awesome interest income! Consider selling anything you no longer need on eBay or craigslist. You need to raise lumps sums to pay this baby off. Otherwise the minimum payments barely touch the principal on most cc accounts. I don't know how much you owe or what your interest rates are, but you need to raise extra cash to pay big sums off the pricipal balance. http://www.Credit-Card-Advice.com/
get on a written budget, work more hours or extra jobs. cut things you can live without like cell phones, cable tv, internet... eating out... buying new stuff at the mall... buy used clothing or no clothing for a few years... eat home more often... it can be done, but its not easy. it requires sacrifice...
I, personally, think that debt settlement or a debt consolidation loan is not a great idea. If you have an income, this plan will work for you. Just follow the steps. Please do not consolidate or use a debt reduction company . It is not free, they will lower your payments by increasing the length of time until you are debt free, and you will take a hit on your credit score. Or they negotiate your debt down after telling you not to pay for awhile adding another hit to your credit score. Student loans are the only debt that can garnish your wages for non payment without taking you to court first. Just list them out on a piece of paper or a spreadsheet and follow the plan. If you work the plan, the plan will work for you. A. Have a garage sale and sell anything that you no longer need or want. B.Get a temporary part time job, if you have one, get another. Here is a plan that can help you. If you work the plan, the plan will work for you: 1. Make a budget. Make the budget a week before you get paid. A budget is not a punishment! It is a tool which will free you from ever having to worry about money again. Put everything in your budget. Especially those annual, biannual, or quarterly bills like car registration, insurance, etc. Give every dollar you are going to bring home the name of where it is going. Add an "emergency fund" category to your budget for 25 dollars and save up until you have 1000-1250 dollars. Your emergency fund will help keep you from getting into new debt because of an emergency. If you can, set up a direct transfer to a savings account for your emergency fund. That way it moves automatically and you don't even have to worry about it. You must cut your spending and live on less than you make. 2.First get current on all of you debts and make no more late payments. Stop using your credit cards immediately. Do not take on any more debt. Credit cards are like quicksand only the death is much slower. Make a list of all of your debts in order of highest interest rate to lowest interest. Use cash only for your spending from now on. 3.Pay the minimum due on all of your debts and then put your extra money towards paying off the highest interest one first. After you get that one paid off, you put the money you were paying on debt #1 (the minimum payment and the extra payment) towards debt #2. That will pay debt #2 off faster. When that is paid off, you put all three payments towards card #3 and that one will be paid off pretty quickly. As an example: To start : Debt #1 (highest interest): minimum payment+ extra payment Debt #2 (middle interest): minimum payment Debt #3(lowest interest): minimum payment Debt #1: paid off Debt #2: minimum payment from Debt #1+ Minimum payment from Debt #2 +extra payment Debt #3: minimum payment Debt #1: paid off Debt #2: paid off Debt #3:Minimum payment from card #1+ minimum payment from Debt #2+ minimum payment from Debt #3+ extra payment. That way, you will get them all paid off, on time, and pay the least interest. It will also help towards rebuilding your credit since you will no longer have any late payments. This works no matter how many different debts you may have. 4. After you get all of your debts paid off, add to your emergency fund until you have 6-12 months of income saved up. Put that emergency fund money into a liquid money market fund or into a Bank of America no-risk CD so that if you need the money you can take it out without penalty. 5a. When you have your emergency fund in place, add a category for "fun" to your budget. Save for a holiday, a vacation, a big screen, or dinners out, whatever goal you want. Remember to enjoy your life. 5b. When you have your emergency fund in place, start saving for your retirement. Join the 401(k) plan at work and contribute the maximum. Your employer probably matches at least part of your contribution so why give up free money? Open a Roth IRA and contribute the maximum on a monthly basis. If you start saving for your retirement now, you will probably retire a millionaire. 5c. When you have your emergency fund in place, start saving for your next car. Only buy cars, or other things that depreciate, with cash. Save up for a nicer car. That way you get the interest instead of paying the interest. You can do it and it isn't as hard as you think. Just follow the plan.
Most people do not understand that bad credit can be fixed with very little effort. When you know all the techniques to properly deal with creditors, you can often get out from under your bad credit score in very little time. Face your creditors head on and you can have much better results than hiding from them and hoping they go away!
stay away from loans and credit cards!!!