Ok everyone, just decided today to tally up my credit cards..as you know if you’ve been following my story I stopped paying them about 46 -50 days ago(according to one of my statements) so to give you an idea, hard to tell for sure but it looks like my starting balance according to what I had was about 72K - 73K, my totals now are are about 77K - so in just interest and overage charges etc, it’s about 4K more. Crazy how much adds up in just interest and charges, this of course should really make everyone understand that credit card companies are not our friends..
Now since I have used them and they are loans I do need to eventually take some action to take care of these, from what I read on the debtcc.com forums usually they are more willing to settle or work some sort of settlement agreement with you at 4 - 6 months, so I still have some time to go. I currently have $3500 in the bank with another payment I will make this month. Putting what I can in there and since I’m not working with a Debt Settlement company it does start to add up since I’m not paying any fee’s. After this month I might have enough to settle my smaller account that’s at 9K but I don’t really know if enough time has elasped for them to agree, so I think I’ll wait until September and then see if they take my offer. I would be nice to even make some progress and have one account settled. We’ll see.
Calls - yes I’m getting calls now, actually I’m getting a TON of calls, I only have 4 accounts yet I’m sure if I added all the calls together it’s probably like 5 - 8 a day! Since I have caller ID, I can tell when they call and I’m sure if I spoke with them it might cut down the calls alittle, but maybe not. So right now it is alittle irritating, but we did this so now were dealing with it, I still might send the cease and desist letters just haven’t gotten around to it.
So advice to anyone - change your phone numbers before you stop making your payments!
