Hi All. I have some good news that I am jumping up and down to share. I just heard from Citibank and they have lowered my astronomical interest rate down to 9.99% via negotiations with credit counseling. Citibank had raised my rate to 27.9% from 3.99% the moment my disability related credit protection phase had ended. Just a few months ago I shared with you all that a collection agency that Citi hired was harrassing me senseless. Well, just as CCCS said, after 35 days citibank pulled the account out of collections and enrolled me in a CCCS program. The calls stopped and now I am on a legitimate budget to repay this debt at a reasonable rate. So, far the CCCS has done EVERYTHING they stated. roni
You might want to share what particular CCC service you are using. Although many here say don't use them, it is an option to avoid BK, and it seems the good ones are few and far between. Glad to hear Citi is off your case.
Good to hear from you Roni. I also have years that did not know about you, the last time you were opening a dental consultory and got a bussiness credit card. Didn´t even know that you were having credit troubles.
Yes, guys it has been ages. I posted my credit troubles here a few times. I didn't get many responses and assumed people didn't care or didn't see my post. I had the return of credit problems from getting pregnant shortly after opening my dental practice which is going very well now. I had to stop working for 4 months before I delivered due to bad medical problems. I had to live on my credit during those rough times. I am a single mommy also. So money was tight...because I didn't have any..LOL. The good news is I can pay down that debt in a reasonable fashion w/o ALL the payments going to interest due to CCCS. My plan is to pay Citi off in 12 months which is realistic with my present income. I use KIMBERLY CREDIT. So far...knock on wood, they are awesome. I researched them thoroughly before signing with them. www.kimberlycredit.com Thanks roni
