Posted: Thu Apr 12, 2007 1:47 pm
we owe over 17000 on credit cards and we are only making minimum payments with interest and spending on them each month because we are using all our cash to make the payments not leaving us anything to live on so all our shopping every month goes onto the credit cards as well so we are constantly going further and further into debt at a rate of about 400 a month or more. would there be any possobillity if my parents could lend me 75% of what i owed and then i could pay that back without all the interest would the credit card companies accept this without entering into an iva