Archive for credit card debt

Is credit card debt considered an open account or a written contract?

by: admin March 12, 2010

I live in the State of Georgia and am being sued over an old credit card that I defaulted on. It has been more than 4 years but less than 6 years since the date of default, so depending on whether credit card debt is considered an open account or a written contract in [...]

Selling home, making a profit – better to pay off credit card debt or put money into new home?

by: admin February 25, 2010

I have some credit debt left and I’m wondering if I should put the extra money I make from selling my home into the new house I’m purchasing or if I should go ahead and pay off the credit card debt. What is a smarter decision?
Just wanted to say I’m not late on my credit [...]

What is the best way to pay off credit card debt?

by: admin January 20, 2010

I’ve heard of companies like cureadebt.com that will settle your credit card debts for 70% of the amount owed. I’ve also heard of government grants to pay unsecured debt(credit cards), but I don’t know where to get the info on them. I’m considering a second mortgage to pay these off with a lower [...]