Credit cards for bad credit A new world
Don't wait for the account to go into collections, or for bill collectors to start dunning you. As soon as you know you are having problems, call the company and start working out a deal. * Know your exact financial situation. Work out exactly how much you owe and to whom, how much income you have and when it arrives, how much your other expenses are, and how much you can afford to allocate toward paying off your student credit card bills. Learn which expenses must be paid right away, and which you can put off for a while.