Do It Yourself Credit Card Debt Reduction Services
When it comes to credit card debt reduction services you can most definitely take your fate into your own hands and not need to invest in some service that will leave you much worse off anyways. With do it yourself credit card debt reduction services you just need to keep a few simple steps in mind and remember that if you do not commit to your credit card debt reduction services then no debt management service is going to be able to help you and your next step is bankruptcy.
Stop Using Them
This is the hardest part of credit card debt reduction services. The way credit card companies work is that as long as you pay the minimum payment they will keep jacking up your credit limit. Need more room? No problem, they will give you another $1,000 to spend that you cannot afford. It can get addicting and whatever help you need to get you should get but you need to stop using the credit. Sometimes you get yourself in such a hole that the only way out of it is the constant increases in your credit limit and that is addressed with the next step in do it yourself credit card debt reduction services.
Get More Money Coming In
Take on overtime at work. Cut back on your expenses. Give up cable television. Get a second job. Do whatever you have to do to get some extra money coming in to help you get this debt under control. Credit card debt is like gaining weight, it is so easy to build it up and so difficult to get rid of the excess. You got yourself into the mess and the biggest step in your own credit card debt reduction service is to admit that you have created the mess and now you have to fix it. Losing a little sleep because of a second job or giving up HBO for a while is a sacrifice you are going to have to make.
Talk To The Card People
You will need to talk to your credit card companies and tell them that you are in trouble and you want to negotiate with them to help pay the balance back. They will probably cancel your account but that is okay because by this point you are not using the cards anyways. Ask them if you can apply extra money to the principle each month and also ask them about reducing your interest rate and the interest you already owe. The worst they can say is no but if they feel like that stand to get nothing back then they may work with you to get what they can.
