Chris Cataldo, 50, knows how it feels to be in debt over your head.
The Staten Island resident, a supervisor on the help desk for a major life insurance company, saw his credit score and marriage crumble after he and his ex-wife racked up $60,000 in combined debt on 13 credit cards — most charging 20 percent to 25 percent interest.
Compounded interest and fees took a heavy toll on his life.
“It was a big surprise to me in the beginning,” Cataldo told The Post. “Between me and ex-wife, we had made a pretty good salary together, so I could not understand why there wasn’t enough money to cover the credit-card bills.”
After some research and counseling from Freedom Debt Relief, Cataldo was able to ultimately negotiate a settlement for $8,000 with creditors.
Today, Cataldo is single and living in his own condo, and he has two credit cards. His credit score is a stellar 744.
His monthly balances — usually no more than $150 — are now paid off in full. “I don’t get greedy,” said Cataldo. “Honestly, I don’t need $10,000 or $20,000 in credit.”