Pay them from highest interest to lowest interest rate. Do not use them again until they are paid. On all cards except teh one with the highest interest rate, make minimum payments (this will cover interest plus a little principal). On the one with the highest rate, pay as much as you can each month until paid off. Then switch the big payments to the next card, and so on until everything is cleared.

By taking care of the highest interest cards first, you will minimize interest paid and pay off everything that much quicker.Well if you still have decent credit you maybe able to take out a personal loan to pay them off! If not then you need to just call the companies one by one and see if they will settle with you!

Good luck!You might want to check into credit counseling. Check here for one near you: http://www.nfcc.org/. These are legit, non-profit companies that will review your finances and advice you how to proceed. They have debt management programs available for a nominal fee, if you qualify. They negotiate reduced interest and payments to allow you to pay off your debts in full.

While in the debt managment program, it will be noted on your credit file but upon satisfactory complettion, the notation will be removed and you will have a good payment history and decent credit.Before considering taking out a loan or filing bankruptcy, go to Hummingbird and do the first section. That way you will have an overall picture of your financial situation, and Hummingbird will give you each alternative with the pros and cons. They are non-profit & not owned by the credit card companies. Use a fake name for the first part and it is 100% confidential:

www.hummingbirdcreditcounseling.orgI recommend debt settlement . Total Debt Solutions partners with a company in California called New Life to offer debt settlement. New Life has been in business for years and is listed with the BBB. My dad used them with great results getting debt free in 36 months. He held the money in a trust account; this isn’t just sending money to some faraway company each month and saying a prayer that you dont get ripped off. Check out the source website and their free evaluation form or toll free number; they can help!

The ultimate resource for credit card counseling services

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