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I was cleaning up and saw a statement from a credit card company to my daughter. I got nosy and basically found out she has maxed her cards and is drowning.

I would normally let her struggle and figure it out but one card she has maxed is one her grandmother gave her. I had no idea my daughter had access to a $7000.00 credit card. I have taken the cards and had a long difficult talk with her. Now it’s time to fix the problem.

She has 2 cards maxed, one 7k and one 3k. What is the best way to fix this? We are calling the cards today to try and stop the bleeding as far as apr and penalties. Is the answer debt consolidation? Is it I pay for her grandmothers card and set up a plan for her to pay me and let her struggle thru the card in her name? Just looking for some advice. Thanks!



Submitted November 10, 2018 at 08:53AM by Jakejones82 https://ift.tt/2JSevmd

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