about
Early in 2006, I hit rock bottom. I was drowning in over $40,000 of credit card debt. I had balances on 8 cards, ranging from $300 to $13,000. I was having major problems keeping my head above the water. Late fees, over the limit fees - it was too much for me to handle. Looking for answers on the internet, I found something called a DMP, or debt management plan, that I immediately enrolled in. The DMP folks negotiated APRs that were 1/3 or less than what I was currently paying,. Also, they presented monthly payments amount that the creditors were happy with.
The point of this site is to show folks drowning in debt - particularly credit card debt, that there are ways to breathe easily again. However, it will take patience, diligence, discipline, and determination. Come up with some goals for yourself and stick to them. It may take a few years, but you will soon be living within your means again.
