Poor College student being sued by credit card company?
June 25th, 2009 | by admin |I’m a 24 year old college student that stupidly got a credit card, maxed it out, and then couldn’t afford the payments. I stopped paying and just found out I’m being sued by the credit card company. I think I originally owed them $1000.00.
I’m a student, I make (if I’m lucky) $500.00 a month. I can’t afford a lawyer and don’t know what to do. I don’t even know how much they are suing me for because I haven’t gotten the suit yet. I just found out online.
Anyone have advice?
6 Responses to “Poor College student being sued by credit card company?”
By liberal italienne™ v1.02 on Jun 25, 2009 | Reply
Contact them and see if they’ll take a settlement offer.
By Citicop on Jun 25, 2009 | Reply
You owe them money. You have to pay them. It will be easier to call them and make some payment arrangements than it will be to go to court. If they win (which they probably will) they can take money directly out of your paycheck.
By Liam O on Jun 27, 2009 | Reply
Offer some sort of payment. If your offer is not liked seek mediation through a credit advice company and all will be OK. Cut up ALL your credit cards.
By mustagme on Jun 30, 2009 | Reply
Just pay your bills instead of looking for a bailout. Get a second or third job to make the payments.
By bbillybb on Jul 1, 2009 | Reply
well get off your duff and contact the company to find out what you owe. woe is me will never get the thing paid. work out a plan for a definite figure and stick to it. in the future….pay cas till you got youyrself a job that counts.
By Credic J on Jul 3, 2009 | Reply
$1,000 is not that much. Even at $7.25 an hour you’d only need to work like 5 hours a week to be able to put down $150 on the card a month which is probably enough to get them off your back.
You other option is to reduce your costs so you have more money to pay off the card. Either way you have to suck it up and pay them off.