My cousin has debt of credit card around 5400$.In this recession time he is in really bad situation.So need expert advice. Thanks a bunch.
He needs to pay it down or off.With the info we have that's the only advice we can give right now,unless you want to go into detail.
Of course it's easy to say, "Pay off your credit cards". But if you are being hit with late fees and over limit fees of maybe $80 a month, and sometimes even 30% interest rates, that might be difficult.
very true db been there done that.when your juggling you can only so many items and something has to fall,my theory is let one go until you can come back to it.
