Reply #9: stay as calm, but firm as you can and go up the chain [View All]

one late payment shouldn't affect interest rate - usually it is 2 in a 6 month period - keep asking them to be reasonable, keep asking to move up the chain to get to somebody that CAN help.

Do NOT get angry and cancel your card. You will still be liable for the debt and it will negatively affect your rating.

If you can't handle the car payments, unload the thing and find a cheap used vehicle to get by on for a year or two.

There are more important things than money or credit ratings or even a home. Force yourself to have a different perspective. Take a breath and think of how many people have none of those things and they still survive - and even experience joy in their lives. It will be OK.