hello I have a credit card debt of 8800 dll, I enrolled in a hardship program becouse of hard times and continued paying my credit card on time for over a year,then i lost my job and i cuold no longer afford making payments,I found a job but I am making half of what I used to make,and still cannot afford to make my payments.

I called the credit card company and informed them of my inability to continue my payments, if things get better in the future i want to pay them back,

my statement shows i am still beeing charged for interest every month,i dont want this number to grow to an amount i cannot reepay so my question is

how do i stop them from charging me interest every month?

mr Esteban Marrufo

Answers – Esteban, unfortunately, a credit card issuer can keep charging interest on your existing balance. That is why paying only the minimum payment, or not paying at all results in interest charges that keep piling up. The best way is to pay it off diligently over time. Choosing to negotiate a debt settlement with your credit card company is another alternative. Otherwise, there is really nothing much you could do about it.

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