If you remember, I have a friend who is in heavy debt from over charging his credit cards. Actually, I was surprised that this could happen to a guy. Are men such chronic shoppers too? Well, I advised him to seek a Credit Card Debt Consolidation but he refused. I think that he is ashamed to admit that he has a debt problem and maybe he fears that his superiors in the company would find out about it and create an issue out of "nothing".
Well, the point is, if he needs Credit Card Debt Help, then he needs it and the faster he reach out for help, the better. I can just see him getting deeper and deeper in he financial sinkhole. What s to be ashamed of I do not know but I do understand his concerns about being find out by his company and may relieve him of his duties of a top management post. That scenario certainly does not look good.
Another option for my friend would be to seek consumer credit counseling where the counselor could help him t negotiate a lower rate so that he could at least catch up on repayments on the principal and not only the interest. This is a little longer term but it is slow and steady progress like this that would help him get rid of the debt; that is, provided he does not accumulate more debt meanwhile!
Well, the point is, if he needs Credit Card Debt Help, then he needs it and the faster he reach out for help, the better. I can just see him getting deeper and deeper in he financial sinkhole. What s to be ashamed of I do not know but I do understand his concerns about being find out by his company and may relieve him of his duties of a top management post. That scenario certainly does not look good.
Another option for my friend would be to seek consumer credit counseling where the counselor could help him t negotiate a lower rate so that he could at least catch up on repayments on the principal and not only the interest. This is a little longer term but it is slow and steady progress like this that would help him get rid of the debt; that is, provided he does not accumulate more debt meanwhile!
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