Paying Off Credit Card DebtPeople are using more cash now. My sisters and some family members have told me that they dare not simply use their credit cards.
To buy big tickets like ellipticals or 42″ Plasma TVs, they will use cash they have saved up for some time.
They will not charge them into their credit cards or sign up for installments on credit cards like the old days.
This is good, isn’t? People have turned back to using cash now.
I have credit cards from few banks accumulated from the year 1998. Since then I was unable to pay off my credit cards as my financial situation getting worst and worst and credit cards interest increasing tremendously high!
From a $3000 credit card ended up till to date I am owing about $15000 for 1 card. Imagine I have 4 cards, altogether I’ m owing credit cards it self about 60000-70000k!!
I HOPE AKPK COULD HELP ME ON THIS. I AM PANICKING! PLEASE HELP ME!
Hi, Suzana Wong,
Hope that you are reading this post. Call to AKPK and make an appointment with their counselor.
I understand your panic and stress. I have been there before. Sometimes it’s not the credit card debt you owe that freaks you out. It’s actually the finance charges and late payment fees that add up so fast that you feel like suffocated.
Perhaps reading my bumpy journey from submitting my debt management application to being approved of the debt management program can give you confidence in getting debt free relief help from AKPK.
AKPK provides FREE services, don’t worry.
Before the debt management program, I thought my future would be bleaker and bleaker. Worked hard and paid off credit card debt day in day out until I settled my life. No extra cash in hand for a bit of entertainment.
There were days when I couldn’t bear with the haunting calls from banks and warning letters from creditors that I cried under my heated blanket. I was so helpless.
Do you know that your credit card companies and banks encourage you to get debt free help from AKPK?
I see there is an increase in the number of credit card users defaulting on their credit card payments and applying for AKPK debt management program to restructure their credit card debt.
If you are burdened by hefty credit card debt and keep defaulting on your credit card payments, pay AKPK a visit.
Or if possible, give up all your credit cards by applying for AKPK’s debt management program application.
Thanks to my debt management program (DMP) that I can pay off my credit card debt with a lower monthly payment.
Although all my credit cards have been terminated and I can only use cash, I don’t mind. This is because using cash to buy groceries, home appliances, industrial knobs or Christmas gifts doesn’t bring financial charges or late payment charges.
Sometimes, it’s not the credit card debt that suffocates you;it’s the financial charges and late payment charges that keep aading up.
Thinking of a Christmas gift idea? What about this zippered long credit card wallet?
It is perfect for travel, fits inside of a jacket or suit pocket easily.
A little bulky for back pocket of slacks but fits in jeans perfectly.
It keeps items secure and does not have a magnetic snap that could mess up the magnetic strip on your cards and is great for those days when you don’t want to hassle carrying a purse.
It has plenty of spaces for credit cards (19 + one window for id). There are slots on each side (under the credit cards) for currency, etc.
This zippered long credit card wallet is quality constructed with soft full grain leather.
It seems that many Malaysians are deeply in credit card debts and desperate to find ways to pay off their credit card debts or restructure their credit card debts.
I have already submitted my debt management program (debt repayment plan) to AKPK. I can only know if the application is approved or not in December. Of course, I hope it can be approved as soon as possible so that I can heave a relief. Imagine paying only $310 monthly for all credit card repayments!
If you are a Malaysian, loaded with credit card debts, desperate to restructure your credit card debts and ready to give up all your credit cards, read my posts related to AKPK the credit counseling agency for Malaysians.
It’s FREE to apply. Call up the agency and make an appointment with their credit counselor.
Again, it’s FREE service.
Hubby and I were in the city a few days ago. While shopping at a shopping mall, I was approached by a card executive promoting a balance transfer credit card offer.
If it were one and a half year ago, I would be very interested to get a balance transfer credit card. But not anymore. I just want to get rid of my credit cards and credit card debts in 3 to 5 years’ time.
I am praying that God is approving my application on the debt management plan.
At last, I successfully submitted my debt repayment plan (debt management plan) application form just now.
The first time I went to the office, I was told that I needed 3 months’ income statements to prove that I make certain amount of money every month. So I went home.
The second time I went there, I submitted the income statements and was given a 10-page form to fill up. Halfway through, I asked if I could give one credit card for online use. The counselor insisted that I must give up all credit cards, otherwise I couldn’t enroll myself in the debt management program.
Why wasn’t I told of more detailed information when I was there the first time? I was pissed off but there was nothing I could do. So I went home again.
This morning was the third time I went to the AKPK office. I managed to fill up the form with little help from the counselor. After checking all the details in the form, the counselor asked me to make a photocopy for the income statement, credit card statements and also the debt repayment plan application form.
It’s 11.30 am at that time and the counselor would go off for his lunch at 12 pm. I had to run downstairs very fast to get a photocopy for the statements and form at a nearby toys‘ store. Luckily, I was back by 12 pm and managed to submit the completed set of statements and application form to the counselor.
It’s going to take three months to process the application.
I am sorry that if you have bumped into my credit card blog and found no offers on credit cards.
You find no recommendations on 0% credit cards, low interest credit cards, balance transfer credit cards, business credit cards or whatever credit cards that you know here. You only see tips and ways to reduce credit card debts or delete negative items off your credit report.
I am a work at home mom who is loaded with credit card debt and is still paying down my debt until today. I started my debt reduction since April 2007. Even though I have stopped adding extra debt to my existing debt, I still need bout 3 to 5 years to fully settle the debt.
If you are thinking of applying for a credit card, you had better not. Use cash.
Oh, ya, you may say that you are a very disciplined person and you can surely pay off the credit card once the statement arrives at your doorstep. Since you are a very disciplined person, I am sure you can save money very fast and use it to buy stuff. So why use a credit card?
Do millionaires get into credit card debts? Only middle income people like you and me get into credit card debt.
Enough preaching. Be a millionaire or a debtor, it’s your choice.
I need to sell more Fenphedra products to pay off my credit card debts now.
I bought this Tommy Hilfiger Men’s Tilton Credit Card Trifold Wallet
This is an elegant looking wallet with plenty of rooms for ID and many more cards. It has a center card flap for plenty of additional cards making it a quasi quadfold.
It holds cards firm and tight. Fill it up and is bulky at first but forms well in your pocket.