Should I work something out whith the Credit company, or let it go to a collection agency?

WORK SOMETHING OUT! If its just with your credit company, its not too bad yet. As soon as it goes to the agency, you are screwed for a good 10-15 years. YOu will never be able to buy a house, or a new car, or get a loan for school, or anything else. You will be red flagged.

I urge you to work something out. WATCH WHAT YOU SPEND! Live like you're homeless and have no money for a while until you get it under control.

Like everyone else said, best thing to do first is get with your creditor, most of them will allow you to pay small amounts on your debt. They will tell you that some money is better than none, and if they report to the credit agency it will show that you account is still active and not in default. It may show that it is past due, but the points will not be as much. The one good thing about letting it go to the credit agencies is that first you can wheel and deal and most of the creditors will settle on a smaller amount. You can dispute all your old creditors and you have a certain time to get it settled and if they don't get back with you, that debitor will be dropped of your credit. Now if it went to a collector, once you've paid it, it will come off your credit in 6 months.

Call the credit company and talk it over with them. Their attitude will likely change a lot if you do that. It costs them a lot of money to go through the hassle of collecting on an overdue debt - I bet they would be glad to know that you have a check coming, and plan to pay them then. Besides, it will look better on your credit report if you took the initiative to contact them. In the long run, that will be cheaper for you when you apply for a loan some day.

And ditch the lame boyfriend.

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Call the company you owe the money to and work out a payment plan, they will ask you when you can start making the payments give yourself atleast 30 days by then the money from disability shoud kick in. Do not let it go into collections that will create bigger problems i know i ended up in court and now they are garnishing my wages. Do not take your boyfriends advise he couldn't even keep his credit good.

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Go to credit counselling, they will contact all your creditors and at least help to stop the interest from accumulating, explain to them that you want to pay and your situation, you will have to show your income and what you owe, this service is usually free and usually every town has an office. This shows that you are at least trying to straighten out your credit. Good luck

I believe you would be in a better situation if you would work with the company itself. Remember, all they want to do is get paid. If a collection company gets involved they tend to get uglier, meaner and will not give you a moments peace.

Work something out with the Creditor.

Get a Rich Boy Friend or a Rich Husband or hit the streets.

work it out with the credit company if you can to avoid getting a default against your name.

once it goes to a collection agency you are pretty much stuffed!