Credit card debt growing fast
I recently had to move my elderly father into my home due to illness. He really needs full time care and Medicare will only pay for part time assistance. As a result, I’ve had to drop from full time to part time work at my job. Prior to me working only part time, I was having difficulty maintaining paying minimum balances on my credit cards. Financially things are getting worse within my household and last month I couldn’t even make the minimum due on these cards. I’ve added all my debt up and it comes to approximately 20 thousand and the interest added on each month is ridiculous. I’m told I’m a good candidate for credit card debt settlement as on these programs your debt can be drastically reduced. I’m not one to not pay back what I owe however, if the credit card industry wasn’t so greedy with interest rates and late fees maybe their debtors would be able to make their payments.