Hi everyone, great forum! I have been lurking a bit and reading through posts and this forum is what I have been looking for! I need some advice on my situation. I recently moved and was unable to find a job for 4 months, which of course got me 4 months behind on some of my credit cards. I was able to catch up on all of them except my citibank card- I owe them around 18k(total balance) and when I missed a payment they jacked my rate up to 26%!! Now they want 1800/month which I cannot afford. The interest alone is unaffordable on that balance amount. They have been calling me every day for a couple weeks and leaving the standard message, then yesterday a manager type left a message saying they could work something out. What is my best course of action? I would like to not destroy my credit over this one card, however I cannot afford such high interest on such a high balance.
See what they have to offer http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&postid=410243#post410243
