Credit card hardship programs

For just about anything you want to get off your chest about credit cards.
2 posts
mikesaxs
 
Posts: 2
Joined: Sat May 18, 2013 4:12 pm
Location: Madison/WIsconsin

Credit card hardship programs

Postby mikesaxs » Sun May 24, 2015 2:57 pm

Hello,

I am in a little over my head with a Chase card $25,000.00 and a Citi card $20,000.00. I am starting to struggle with making my monthly payments. What are your thoughts on pursuing a hardship program for each one of these?


User avatar
CarefulBuilder14
Centurion Member
Centurion Member
 
Posts: 4303
Joined: Thu May 08, 2014 7:42 pm
Location: United States

Re: Credit card hardship programs

Postby CarefulBuilder14 » Sun May 24, 2015 6:58 pm

mikesaxs wrote:Hello,

I am in a little over my head with a Chase card $25,000.00 and a Citi card $20,000.00. I am starting to struggle with making my monthly payments. What are your thoughts on pursuing a hardship program for each one of these?

I don't know enough about these programs to give advice, but I suspect the cause of your financial distress is important.

Have you lost a job, been injured, endured a natural disaster, had a death in the family...something like that? Or you've just been overspending in general?

That information may be useful for someone else in advising you.
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card, Delta Gold, Aviator Red, BofA Travel



Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 2 guests