Credit Card problems can lead to Foreclosure

Credit Help

After mediation, you may need help reestablishing your credit or perhaps you need to find a lender to finance a new home. We can point you in the direction of reliable credit counselors. We understand that if your mortgage payments have been become delinquent in most cases so have other creditors. Those other creditors in some case may cause you more grief than the Mortgage Company and you need relief from them as well. We want to help you heal your credit issues completely and efficiently.

Rules for Credit Card Usage

• Only Use Credit Card for Monthly Budget items.
• Pay off your balance at the end of every month.
• If you don’t pay it off… CUT IT UP and CLOSE THE ACCOUNT.

Example of Credit Card Debt

• Suppose that you purchase an item on credit that costs $1000
• Your interest on your Credit Card is 19.99%
• You make minimum payments until the balance is paid

You will pay the following:

A total of $3,067.54 and it will take you 231 payments to pay if off

Hopefully this shows you how dangerous Credit Card usage can be. If you are in over your head please contact us and we can help.