You probably found this page because you are looking for information relating to “Los Angeles credit card”. My guess is that you are either looking for a credit card, which you can get from a local merchant in the Los Angeles area or seeking a way out of credit card debt…

If you are looking to get a new credit card, you can easily apply online, rather than having to go anywhere in LA. One of my favorite sites to go to is cardratings.com, which allows you to see the top credit cards by type (includes cards with a low introductory rate, cards for excellent credit, and business credit cards).

If you are looking to get out of credit card debt in Los Angeles, you have several options, two of which you can do by yourself without going anywhere.

1. Pay off your credit card debt by getting a credit card with a low interest rate to pay off all of your other credit card debt. Although your monthly payments will be higher than if you get a home equity loan (explained in #3), you’ll pay off your debt much faster.

2. Seek financial advice from a counseling agency. Listings of counseling agencies are available on Yellowpages.com as well as other local directories. If you want to use Yellowpages, simply search for “credit card” for the Los Angeles area. Then, check the box, which says “credit & debt counseling”. Some of the companies, which I found at the top of the Yellowpages search results included “Money Management International”, “RAM Debt Solutions”, and “Financial Counseling Center”. Despite what each business says, there is not one credit card counseling agency, which stands head and shoulders above the rest. As such, it is wise for you to get in touch with as many as possible. Also, you have to make sure that the credit counseling firm you are dealing with is non-profit, certified with either the Association of Independent Consumer Credit Counseling Agencies or the National Foundation for Credit Counselors, and has minimal complaints from the Better Business Bureau. If the credit counselor is making promises that sound too good to be true to you, stay away. Also, be weary of ridiculously high upfront fees, which some charge without you knowing. Credit counseling will not hurt your credit score, in case you are wondering. A counselor can offer you a Debt Repayment Program (DRM), which consolidates your debt with a lower interest rate. If you take part in a DRM, there is going to be a note on your credit report that your participated in one.

3. Get a home equity loan. Essentially, what you’d be doing is getting a second home loan or mortgage to cover your credit card debt. This option has some significant drawbacks in that , if you can’t afford your payments in the future, your house is in jeopardy of being foreclosed.

4. You might feel the need to consolidate your debt with either a home equity loan, a DRM, or a new credit card. Before you sign up for any type of consolidation plan, try calling your Los Angeles credit card companies yourself to see if they can’t lower your interest rate. Often times, they’ll lower it.

My other credit card debt hubs:

Affordable Bankruptcy: 13th Chapter

Cost of Bankruptcy: Immediate and Long-Term Costs

Houston Credit Card Debt

How to Legally Eliminate Credit Card Debt

Who Pays Credit Card Debt After Death?

Low Cost Bankruptcy