We need our strengths for getting out of debt

We need our strengths for getting out of debt, but our interest in politics is a related issue as it pertains to how that’s possible. When it comes time to vote, we should know on which side our bread is buttered. As civilized people, we shouldn’t want to return to a society without safety nets. Our capitalist culture is supposed to support risk and enterprise and with government support, good things happen for people and the country. The frontier ethics of “every man for himself” and “winner take all” don’t help the society or individuals, save for a few who are either lucky or bullies.

Proof of this is the fact that upward mobility in America has recently been proven to be a myth. It used to be the case and certainly it happens (we’re still a land of opportunity – for immigrants!), but many of the more socialist countries of Europe offer a much better climate for climbing the economic ladder, even with their tremendous taxes. This is because the people there are largely immune from the risks that we face here and the fact that the wealthy here have managed to yank the ladder up behind themselves.

Most Americans are only a few pay checks or a serious illness away from bankruptcy, so it’s not only because we can’t keep our hands off of plastic. Remember that the greatest creation of broad based wealth and prosperity the world has ever seen was from 1936 to 1980 while the top income tax rate was from 70 to over 90 percent, so the claim that lowering taxes for the rich will stimulate growth is a proven myth. The only thing that trickles down is the responsibility, not wealth.

We’re all into debt, and fighting it

Yes, the government is corrupt. Whose isn’t?

No, it is NOT fair. Life is not fair.

BUT: *I* feel our ‘war’ here is on getting the upper hand on our debiting and then avoiding it in the future!

I think we can and should be angry at being misled, but unless that anger takes a constructive route, (I remember something written about getting angry makes some pay down our debt faster? True in my case anyway) then we are diverting the attention from our needs as individuals and ‘blaming’ the politicians, the war, Iraqis etc…..

THEY did not make me spend, They did not cause me to be 3 months preemie and legally blind either. I did this spending for the most part myself, and the lack of knowledge in neo-natology in the mid- fifties caused my bad eyes.

All the ‘red herrings’ in the world will not pay down my or anyone else’s debt, only we as individuals can change our situations here and now.

No, the Constitution did not have anything about Welfare in it, that came later! They used to just have to let the disabled die and it was ‘tough noogies’. Do some propose then, that we return to that? I wouldn’t like to think so, but I don’t speak for everybody either.

*I* don’t get into politics much at all, I have my own debt and things with it to worry about. We have to do ourselves a favour: Don’t get so consumed with that anger “HATEFUL” emotion about things which we cannot change in our daily lives in the here and now! get angry and start kicking the bills best we can and then some! ‘Hateful’…. (full of HATE) seems to only serve to build up bad emotions, and we need all our strengths to combat the debts we face.

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 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!