When you called with an offer

When you called with an offer – did you offer them a % or did you figure it out and then offer them the actual dollar amount you figured that percentage to be?

Well, I figured out as best I could what I originally owed and offered a dollar amount.

For example:

You owe creditor A $10,000.

25% of that is $2,500 and that is what I called and offered.

Most times it was originally rejected and they would come back w/ an offer of 50%. Based on the money I had saved I had to go as low as possible assuming that they would counteroffer.

Sometimes I would counter and if it was reasonable and I could fit it in the overall budget I would settle. I did do payments over the phone via my bank account and never had any problems.

If the offer was not something that I could agree to I would not call them for another month. Start over and begin negotiations again.

When you settled to you pay off the settlement all at once or did you install it??

Need some advice on debt settlement DIY

My husband and I have come to the conclusion we would rather try to settle our debt ourselves. We arrived at this decision by using what I have read from the messages posted here. Why pay someone else when WE can do it and save ourselves the money?? So, what I need is those of you who have actually settled with the following credit card companies to please give me some tips on how to handle them and it would be much appreciated!!!

Citibank
Discover
MBNA
Chase

Citibank holds 4 of our credit cards so therefore we owe them the most.

We would appreciate the help….

Thanks in advance!!!

I was several months past due before I began trying to negotiate a settlement. I figured out what my original balance was (as best I could) and started out by offering 25% of the balance they showed to give myself some negotiating room.

In my experience, MBNA was by far the easiest followed by Discover and Chase.

All I did was call, make a low offer and see what they countered with. I did not pay them during that time. MBNA quickly settled for nearly what I originally offered. Discover and I went back and forth several times. Chase was firmer in their offer.

I did not pay higher than 30% of the balance they showed that I owed.

I do not have any experience with Citibank.

You should also consider getting a loan online from trusted direct lender. There are several steps you should take to get out of credit card debt. Paying off several thousand dollars or more in credit card debt takes time, so you must discipline yourself.

1) If you have several cards, your first goal is to pay off the card with the highest interest rate. This process is called laddering.

2) Pay more money toward that credit card and slightly less toward the other cards, and eventually you can rip it up. Then you move onto the next card, and so on, and so on…

3) One proven way to pay more toward the most expensive card – and to get rid of it faster – is to make a separate payment every 14 days to the credit card company. Mark your calendar every 14 days and write that check or send your online payment that day. Making a payment every 14 days equals one extra month’s payment you’ve made at the end of the year. Work these payments around your statement cycle to avoid paying lates fees.

And watch this video:

Do you think you would’ve had less, or more success if you were more current? Were you telling them that you were trying to avoid filing Ch13 or 7?

Less success if I was more current. I am sure of it. What incentive would they have to settle if you are still paying them? They can only assume that they will get the money that you owe them.

Yes I did tell them that we were trying to avoid filing. We had originally files and requested a dismissal as the new laws would actually be more beneficial to my particular situation.

I had already gone thru the counseling as required under the new law and already spoken to a new attorney who was going to handle everything. Decided to try and settle myself and was successful in doing it that way.

Worked for me and my situation. YMMV

I was happy to see this post

I was happy to see this post, as I have always done the “thank you” card thing when interviewed. My boss says that IS one of the reasons they did in fact give me a try at Christmas 2014. She said out of 50 interviews, myself and 2 others did this gesture.

Attitude really DOES make a difference and while it does not stop discrimination, it makes one rise above it.

Just a thought, ‘Potty mouth’ is in fact grounds for dismissal in some workplaces. I think it makes us look less educated and less desirable in a work environment, so that might be taken into consideration when bandying about the vernacular for male-bovine fecal matter or acts of copulation, etc…..

After all, that constructive ‘angry’ emotion should be used to make us BETTER…. and not contribute to already negative feelings from others. If *I* could clean up MY act , then Anyone can.

On the JOB front, we have ultimate control in helping ourselves. We are the deciding factor in how others will see us. No one would say one doesn’t have a right to be bitter or depressed with what may have happened to us, but it is our RESPONSE-ABILITY to not let it bring us down to a level which is self degrading ever more so.

I know in the HQ of the company *I* work for, the CEO himself is a really bad cusser. In fact he also intersperses his sentences with swear words all the time.

BUT… *I* am NOT the boss, and I know what *I* am allowed is different than he. In So. Cal, depending on the job it can vary. but in Retail, dealing with the general public, we are told not to use bad lingo. Using those things I sited actually gets people to laugh, and breaks the tension in the repair department or when a customer is having a rough day etc.

It’s not a ‘fear’ of the words in my case, I cussed all the time. But here it got me nowhere, no job, few friends and was not constructive in getting things I needed to do done. I know in the back of House (Stockroom, we do let loose with an expletive, like when I almost fell off a tall ladder and said “OH S**T!!!” as I hung onto a top shelf (Really!) and a couple of guys came to save my behind from a 12′ fall. THAT is different.

I still say ‘oh, Damn!” or whatever in BOH, but out on the sales floor when I drop something or so on, I’d say: “Ooooooh, TURKEY TROT!” and people around me get a good laugh and we move on.

I have pals in Aberdeen, and they heard me in my cussing days and asked if I was ‘a reincarnated sailor’…. And if enough people lived a life of love and harmony – we could change the world. Be careful what you wish for – anger, bitterness, resentment usually comes back to you. I myself prefer to spread peace and love wherevery I go and remain faithful that my God, who created this place, will have the last word. See, I’ve read the Book, and I know the ending. God wins. And everything that happens in between doesn’t have eternal significance. Only He does. It’s easier for me to let Him be God.

I was teaching this woman how to use Excel

She showed up to the class late (is that professional) and then told me she needed the certificate to prove to her boss she was in the class and “not shopping.” She never asked a question as I went through the material and yet had to have me explain a whole session during the break.

Please…we ALL have problems and mine are worse than most right now so on my attitude, anger, etc. If I could find some more people like myself (angry and hateful enough) maybe something could be done on a large scale about debt collectors, the government and every other thief who’s stealing money from us (including the kid who robbed me at gunpoint a month and a half ago).

You make an excellent argument for not letting the HR department begin the hiring process. The first concerns should be the applicant’s qualifications for the job, a mature and positive attitude towards learning and whether or not all of the pieces will fit if the person is hired. The problems that are already on the HR desk that day, and they can be severe to insane, shouldn’t enter into it. I consider companies that make the HR “bimbo” be the gatekeeper to be ill fated to hiring idiots – which may indeed be why we’re losing jobs to the rest of the world.

I agree with you!! When I worked at a call center we had a recruiting department, I was too busy (with all sorts of employee relation issues ranging from coming to work high to a guy who came to work for years as a man decides one weekend {yep, he really decided over the weekend!!}he is a woman and want to use the ladies restroom!!!) to mess with the hiring process. The most I did was the HR portion of the new hire orientation. Another job I had I had to do the initial resume screening and interviewing and I hated it – I really didn’t have time to do it and it became a big thorn in my side, but the way the company was set up there was no way to have a recruiting dept. Every company is set up differently and depending on their size or organization having a recruiting dept. may not be feasible.

No matter who you interview with (HR or otherwise) a good, positive attitude is a must!!! I know looking for a job can be very discouraging and when I was looking (for almost a year) I took the attitude that if they didn’t hire me, then I must not be a good fit for that job and/or company and I would rather find out now rather than later and be out looking again.

I worked between college and law school

Everyone thought I was going to bolt for further schooling every day. I did plan to leave after several years. I was extremely overqualified. If you need cash now and can’t wait, postpone the master’s. I found jobs that were insulting compared to my academic standing and the place where I graduated college. It made me value the advanced education more. I find it very sexist but women are allowed a sojourn to find themselves that men are not. Oh, when you apply for graduate school, working gives you an advantage. Diversity. You know what the work world is like.

Most of the time I don’t even get simple acknowledgement of receipt of my resume. I just met a bimbo from Orinda HR yesterday who’s more concerned with shopping than interviewing people.

If anyone is from the SF Bay Area here and has a job opening in teaching or programming, drop me a private email please. I know I can do the job.

I was an HR manager for 8 years and with an attitude like that I can understand why you don’t have a job! One thing you have to remember (I learned this from experience both on the job and looking for a job) the fact that you applied for a job with the company is very important to you and the main thing in your life at the moment, but to the HR “bimbo” it is not the most important thing of her day, she may have sexual harassment investigations going on, dealing with other employee relations issues, trying to hire for other positions, dealing with insurance or payroll issues and a hundred other things that pop up in an HR persons day. You have no clue what HR has to deal with on any given day. Believe me a bad/bitter attitude comes across during an interview and do you really think that HR person is going to want to hire or pass on a resume to the hiring manager of a person that has a bad attitude going into the interview process? They are thinking that person may become a potential problem to her in the future, I sure didn’t want to hire anyone like that, I had enough problem employees to deal with I didn’t need one more crappy attitude!!

If you don’t do it already a really great thing to do is to send a thank you note for the interview (e-mail is fine) as it leaves a good feeling with the hiring manager, it shows you have class and shows off your communication skills and it brings your name up in front of the person hiring you once more which is what you want.

Your life may suck today, but you are the only one that can make it not suck tomorrow!!

Where do you get your information?

SF is a terrible place for unemployment. Where are you from? Do you see the homeless and barely poor walking the streets of SF? I’ve had my resume reviewed by several people who would tell me something is wrong with it and they have told me it’s fine.

I’m glad you can be so high and mighty since you apparently have a job.

Trying harder? I don’t know your history so….

Honestly, I can’t answer for everyone… I was pretty fed up with always being told no by employers throughout my life, I knew it was my visual impairment, and I did in fact get very fed up and for about 4 of those years, I stopped trying. Period.

But this time, when I did get that little seasonal job, I KNEW I was good, and when I kept getting turned away yet again, I just said, “I guess I’ll have to go to the ACLU or something. this is just stupid.”.

I got another interview and hired in the following month.

Having been there over a year now, I have received good feedback and raises. I even get called in to fill in for others. If me, a half-blind, diabetic on insulin female can get a job, I’m thinking it’s pretty much do-able by anyone. Especially in this land of the car and ‘Image’ (Southern California).

You, in SF bay area, have the BART system, many, many, many different places and fields of employment. What is your history with employment/ temp agencies? I used to belong to 5 of these, and not one could place me.

I applied just about everywhere around here, and didn’t even think of working in the Stockroom, but I started off there in the back, when they saw I am organized and energetic. Now, I’m back out on the sales floor and help out in back too. I call myself the “Team Safety” . What, in fact are the positions you’re applying for?

I dogged the place I work now for 3 years before getting hired for the seasonal spot. Then I went back the next month and took no excuses. If they don’t call you back CALL THEM! every bloody week! Don’t take NO if you really want to work somewhere. Keep on it all the time!

Consumer Debt – Recent College Grad

Hey everyone,

I’m new to the group and was hoping you all could lend some advice on my situation. I graduated from college last spring (’05) with around $50k in student loan debt currently being repaid at $400/mo. I also ran up a credit card balance of $9k due to a few job changes, emergencies, and getting settled into being on my own (furniture etc..).

The $9k is on a credit card at roughly %11 apr. Would it be worth taking a consumer loan and paying this off? I have no idea what consumer loan rates are at right now.

I currently make $2500/mo after taxes, and after all my fixed expenses(rent, student loans, utilities etc.) are taken out I am left with around $1k/mo.

What do you all think I should do?

Pay down the debt as soon as possible, then start to set up a savings plan. You want to be a saver not a debter and it starts early in life. If you are disciplined you could pay off the credit card debt pretty fast without much financial restructuring. The school debt is likely at much lower rates due to federal initiatives. Again, pay down the consumer debt as soon as possible. It gets your career going on the right foot!

Getting interviews is not hard

Getting interviews is not hard if your putting out your resume and application. If you put out 10 resumes or applications a week and are not getting at least one call in for a interview then your resume needs some work or your applying for jobs your not qualified for.

Since your resume should have no indication of your age or sex or how your last job went then the problems can only be that your not getting your resume in the right hands or it is simply not written well.

Your wrong there is help out there and the fact that your a 46 year old white guy has nothing to do with any of this. Go to your local Junior college with your positive energy and find the career center. If you don’t like the first person you talk to go back and talk to someone else. SF is not exactly having unemployment problems and you only need one yes. You just have to handle a few nos to get there. If your not sending or delivering at least 10 resumes a week every week then your not treating your job search like your current career your acting like your on vacation.

All I can speak to is my own experience – I am a 42 YO single mom with 2 young children and a teenager. I stayed home with my twins for 5 years. Once I started looking for work I had a job within 1 week for an accounting firm 2 miles from my house.

A positive attitude and a realistic job hunt, along with a well prepared resume should get you in the door somewhere. If not, you need to look at what may be wrong – are you qualified for the jobs you’re applying for? Overqualified? Does your resume show you at your best? How are your interviewing skills? Is there someone in your life (who knows you well) that you’ve asked to look at your resume or practice interviewing for?

Twice since I started working here, I have run ads and interviewed applicants and I am shocked at the apathy of people towards working. So a positive attitude and really selling yourself should be successful!

Good luck!

A well qualified 60 year old bursting with positive energy

A well qualified 60 year old bursting with positive energy will get the job hand down over a 20 year old who is just looking for a job to pay some bills. Since your age or marital status or the number of kids you have is not on the application then that can’t be why you’re not getting interviews. If you are putting that information in the application then STOP! When you get an interview don’t even mention those things. Phrase you availability in a way that is honest but does not give the whys. The interviewer can ask can you be available on an occasional weekend. You should answer this with a clarifying question only if you can come in at that time otherwise simple state no I need to schedule my work hours between xxx and xxx on xxx xxx xxx. If they ask why then simply state you have other commitments during that time. If they press further then try to change the subject by asking a question about the company. If you are interested in the company you can eat the whole interview just getting them to talk about the company. Taking charge of your interview will allow you to show your high points and avoid any less then stellar points.

Treat your interviews like practice and try to enjoy the chance to meet someone new and learn about their company and how great it is.

Always take the application home and fill out with as much care as possible. Take two so if you make a mistake you can ensure your turning in a perfect copy. Photo copy all application prior to turning them in. Make notes on back for those you get calls from.

Sometimes managers will call and do a quick phone interview prior to calling you into for the formal interview process. If you have the application in front of you, you can ensure what you say is consistent with what you wrote. Have a phone in a quiet place in the house where you can close the door and talk without the kids in the background.

Don’t allow kids to answer the phone during business hours for the jobs you have applied to. Have candy or other treats handy and reward them every time they let you complete a call without interruptions. If you have a baby stick them in a safe place and then go out of ear shot so if they start fussing you can still complete the call. Get Caller ID so you know who is calling you don’t answer if chaos is reining in your home at the moment. Always end the call with a when can call you to schedule an interview or when will you be scheduling formal interviews. Always end the interview with what is the next hiring step? When can I call you to schedule this or would it be ok to call you on Friday(3 to 5 days later) to discuss the results of this interview?

The bottom line is:

They cannot ask your age or marital status or if you have kids in an interview and it is not necessary to offer up the information. You need to be honest about your availability and your abilities and that is it. Have questions about the job or company that you can toss out if the interview starts going in the wrong direction. If you have periods of unemployment in your job history then be prepares to give short honest answers that simply state you were in training, helping with family issues, taking time to explore other opportunities then close the answer with do you have tuition reimbursement or what kinds of training options available or something that leads them away from asking for further details. If you have been disabled or are disabled; unless the disability affects your ability to do the job then don’t bring it up. If you need reasonable accommodations then you can arrange that after you are hired. Don’t lie about it if directly asked but don’t offer it up unless it changes how you do the exact job your interviewing for. Simply needing a special chair or a special flooring or lighting or phone with volume adjustments does not change how your do the job those are just reasonable accommodations.

Today is mine and the kids anniversary

I live in a very small town in Southern IL, and LOVE IT!!! Today is mine and the kids anniversary, it is 3 years today we left Chicago and my now ex to move to Southern IL to live without anger and the violence we dealt with in every day life. I’ve not once regretted my decision and once the kids got settled and started school, they no longer missed the big city.

They are happy and content, have good friends and are truly wonderful kids that never whine that they want this or that. The 10 yr old walks behind everyone turning off lights and since the cable has been cut they read, write, draw, play with their toys, create comic books on scrap paper and visit the library once a week for the summer story time and then look around for new reading material. I have great children, yes, I’m boasting but I’m a very proud mom.

I can remember when spending summers at my grandparent’s house taking a bath up until I was 7 in a washtub outside!

Thank you, its a great idea but I am familiar with my university ‘s student services because I am at the end of my studies. I spent 4 years there already. Even if they had a daycare program, I would not be able to carry the little one there by bus and subway, he’s way too hyper (I don’t drive). And I have 4 other kids who come home from school around 3 pm that could not attend that daycare obviously. That’s why I must do in at a snails pace. It was good thinking on your part though. Thank you.

Its not that bad in Canada. We do have a few canicular days in July but summer is short. In august, its much fresher already. And that’s when all our kids were conceived apparently..

My girls are 6, 8, 10 and 14. And I have a bonus baby boy of 3. Its not how I feel about my age that seems to matter in the working world unfortunately. I feel fine about my age. What I am concerned about is wether an employer will want to hire a 46 year old when he’s got a long line of spring chickens with zero responsibility begging for the job. That’s how old I would be when I graduate from a masters degree because I can only do one course or two max at a time. Most students take 4 or 5 .

There are so many people in the world who waste opportunities. Then there are people like us who just are so badly motivated but nothing ever seems to work in our favor. don’t you think?

I got hired by a company that ‘Thinks Different’ after almost 25 years of chronic unemployability. Not my feeling disabled, my biggest disability were the people around me. No one gave me an interview or the time of day.

I was hired at 48 for holiday work, and back again at 49, and have been there since.

You just go and get it! Don’t take no for an answer!

I sat some adult courses, fun ones

Hehe… I’m 50. I sat some adult courses, fun ones and sat a number of medical terminology, Billing and even nutrition science classes. Guess what? I work in computers for APPLE. Only Part time, but it’s augmenting my SSI bennies for legal blindness from premature birth.

I was wondering if it couldn’t happen in 2 years instead of 1 just to make things a little better on you….

9 credits isn’t that bad then. Not sure of the credit per class is, but I’m in So cal and university lingo is funky here sometimes

Thanks for the feedback. Isn’t it true that it is often the only “activity” we can afford. My husband and I used to joke that the reason why all of our kids were born in late may and early june is because ” that” is the only thing we could afford to do during the summer months. Its a cheap option on the short run but it sure backfires on the long run.

I can only afford to take one class per semester at this point because more then that would require a bus pass ($100 a month) and babysitting (I don’t even want to know how much that would cost).

1 class in generally 3 credits (sometimes 6). So I have 3 semesters to go.

What I would have loved to do is a masters degee (1 year full time or 2 years part time) but at my age, I’m not sure its wise.

Might as well get some cash flowing that that the family needs are peaking.

I understand the need I as a child was in such a situation. We applied all of the above situations. The only thing I saw that my mother done was she put my younger sibling in the bath together. We were older 8 and 9 but we saved a lot on the water bill, bc before we were taking a bath in the rain. (that is no joke) I wish you the best and applaud you. God Bless your family. Were are you located?

Have you checked with the school yet? Sometimes they have babysitting services as well as financial aid and grants. Check into some programs. You might be surprised at what you can get for help when you have kidlets at home.

I’m thinking you’re not decrepit, so anything at the age of 42 is do-able. It isn’t the age, it’s the finances, dang them all! You stop this age stuff. I’m bloody fifty, I walk almost everywhere because I can’t drive and I love swimming and manage a house and yard with keeping it clean and trimmed (I do my own yardwork, pruning trees, painting the exterior, most regular house maintenance and so on) and still took classes for the heckovit.

You are, presumably a “healthy” soul? I’m 22 years insulin dependent diabetic, and although not a triathlon candidate, I try out anything. Age isn’t a deal breaker.

I guess you got to hear about the 93 year old lady who finally got to her dream of graduating high school? “Grandma Moses”…The artist, did not even get her first painting into the public eye until she was 82.

You rock the house, lady! IMO with five kids (!) you are NOT some lame oul’ woman…. LOL!!

Yeah *I* call them ‘Units” but they are indeed ‘credits’. It must be hard, being so close, but you have to live too. another year is not going to hurt you at all. If you want that Master’s in 2 years, you GO girl! How old are the kidlets?

Here’s a serious reply, although the humorous one had me chuckling a bit!

What I’m doing is:

  1. Cut cable, meaning no cable TV, we’re using rabbit ear antenna or the girls are watching the approx. 50 movies we already have!
  2. I keep my central air conditioning thermostat at 78 to 80 F in the summer. In the winter I keep my heat set to 67, 66 for some reason is toooo chilly.
  3. I cook enough to last right about three meals. I use my crockpot a lot as well.
  4. I grocery shop at Aldi, Save a Lot is very similar but I’m a big Aldi fan. And even when I do shop I don’t buy the fruit snacks, etc. I make homemade granola bars, bake late at night in the summer either cakes or muffins.
  5. I shop Salvation Army stores or garage sales for all of my clothing and look for various things my daughters need. We also have friends, relatives that clean out their closets regularly and bring the bags to my house. We go through and take what will fit one of them that they like then donate the rest to charity.
  6. I carpool to work with a woman that lives only 3 blocks from me. We take turns every other day. I also bring my lunch to work and sometimes just work through my lunch. I never turn down overtime if I can go in early or work thru lunch.
  7. I’m lucky to have a 14 yr old daughter than can babysit for me during the day. Her treat for doing this is a few extra overnights at her friends’ houses on the weekends.
  8. During the summer time we have an open pass to my cousin’s swimming pool. We eat as soon as I get home from work and head up to their house, a whole 5 mins by driving and consolidate errands on the way there, if I have to go to get gas, then the Dollar General (and I always use coupons at Dollar General).
  9. If you haven’t already done so check into food stamps, some kind of public assistance. I had food stamps for awhile but my last raise at work knocked me out of my bracket. Should have just said no thanks to the raise huh?
  10. There are also food pantries you can go to at local churches.
  11. My last suggestion is budget billing for utilities.

Do I belong here?

I have no debts anymore.

We went bankruptcy 2 years ago and we can’t get credit cards anymore so we have no debt.

We also have no money. My husbands salary is not enough for the 7 of us. I am going back to school to finish my BA but that will take some time

What do I do in the mean time?

Will I find answers here?

I have found this site to be informative. The people concerned. There are no guarantees. Why not continue in this group but also include research into college education in the field you plan to enter. What do you have to lose?

Also, It might be a good thing to stay around.

As most of us are getting out of debts, we are also learning how to live more tightly. Living on the cheap is do-able, but having five kids and you two, supported by ONE paycheck? Heck, you might have some decent ideas for us too.

I hope this isn’t a dumb question, but if you can go to school (presuming full-time), why not part time and get a part time job? Granted, it’ll take a little longer, but you could live a bit better?

BA… Bachelor of Arts? or Business Administration? Which one would net you a more profitable position in the future?

Oh I know I can use this group, I was just wondering if you wanted me?? LOL I am already enrolled for September. I am finishing a bachelor of arts in sociology and communication studies, 3 classes left to finish. Then I am considering a Masters degree, but I haven’t found a babysitter yet so I still don’t know how that will work out. I can’t really afford a babysitter with all the other school expenses and my family can’t babysit.

I have some advice for people living on one income with 5 kids.

Here you go:

Don’t buy anything that can’t be eaten.

Don’t buy any food with a brand that you can recognize

Go for a minimalist style of furnishing for your apartment (compeletly bare is the idea)

Decorate the with nothing other then your children’s art.

Make the church your fashion center.

Cut your own hair and everybody elses (just pretend asymetry is in style)

Pack everybody in a 2 bedroom apartment until you start cannibalizing each other.

Heat the place with body heat and farts in winter (electric heating is a luxery) and cool yourself in the basement in summer (who needs air conditioning?)

Walk or ride a bike to work for 3 hours each day and try to find a shower at work.

When everybody else goes on vacation, put on a bathing suit, sit on a chair blindfolded with your feet in a bucket of sand listening to island music under a very bright light.

Get employed as a guinea pig for testing anti-depressants (just in case everything else gets to you and you can’t pay for meds—–just pray you’re not the control group!)

Only engage in activities that require nothing more then your limbs and other body parts but careful cause that could lead to 6 kids.

I’m trying to keep a sense of humor about this :o)